AIIE INVEST AS: årsregnskap 2018 vs 2017
Grew 166% on revenue
approved 2019-05-24; registry 2019-06-13; journal 2019 420242
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIIE INVEST AS. Revenue 309.1k NOK → 821.5k NOK (+165.8%). Net result -59.2k NOK → -56.6k NOK. Equity 65.4k NOK → 8 810 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; 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.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 309.1k NOK to 821.5k NOK (+165.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 27.9k NOK → 119.5k NOK (+328.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 65.4k NOK → 8 810 NOK (equity ratio 8.1% → 1.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.96× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 86.5k NOK → 1.26m NOK (28% → 153% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 36.3k NOK → 226.8k NOK (+524.1% YoY). Calculated