Org.nr 917 495 092 2016 → 2017 Year-over-year analysis

AIDO AS: årsregnskap 2017 vs 2016

Grew 149% on revenue, returned to profit

approved 2018-05-31; registry 2018-06-21; journal 2018 525040

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIDO AS. Revenue 250.0k NOK → 623.5k NOK (+149.4%). Net result -131.2k NOK → +575.6k NOK. Equity -101.2k NOK → -676.7k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AIDO AS.

Scorecard

Revenue
250.0k NOK 623.5k NOK
+149.4%
Operating result
-172.7k NOK +75.7k NOK
+143.9%
Net result
-131.2k NOK +575.6k NOK
+538.8%
Equity
-101.2k NOK -676.7k NOK
-569.0%
Cash
23.6k NOK 110.7k NOK
+370.2%
Total assets
65.0k NOK 478.2k NOK
+636.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 250.0k NOK to 623.5k NOK (+149.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -172.7k NOK → +75.7k NOK (op. margin -69.1% → 12.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 131.2k NOK to a profit of 575.6k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 23.6k NOK → 110.7k NOK (+370.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -101.2k NOK → -676.7k NOK (equity ratio -155.7% → -141.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 201 NOK → 875.2k NOK (1% → 140% of revenue). Calculated