Org.nr 971 646 721 2008 → 2009 Year-over-year analysis

AIIE INVEST AS: årsregnskap 2009 vs 2008

Grew 101% on revenue

approved 2010-06-30; registry 2010-08-28; journal 2010 653069

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for AIIE INVEST AS. Revenue 2.08m NOK → 4.18m NOK (+101.2%). Equity -40.4k NOK → -66.7k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIIE INVEST AS.

Scorecard

Revenue
2.08m NOK 4.18m NOK
+101.2%
Equity
-40.4k NOK -66.7k NOK
-65.2%
Cash
132.3k NOK 103.7k NOK
-21.6%
Total assets
645.2k NOK 429.7k NOK
-33.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.08m NOK to 4.18m NOK (+101.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -40.4k NOK → -66.7k NOK (equity ratio -6.3% → -15.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 132.3k NOK → 103.7k NOK (-21.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.15× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 325.3k NOK → 1.26m NOK (16% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.02m NOK → 1.86m NOK (+81.8% YoY). Calculated