FirmaIQ
Org.nr 914 448 557 2015 → 2016 Year-over-year analysis

AIIR AS: årsregnskap 2016 vs 2015

Shrank 66% on revenue, slipped into loss, cash halved-plus

approved 2017-05-31; registry 2017-06-14; journal 2017 438241

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIIR AS. Revenue 254.1k NOK → 85.4k NOK (-66.4%). Net result +1 NOK → -14.0k NOK. Equity 6.10m NOK → 90.5k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIIR AS.

At a glance

Scorecard

Revenue
254.1k NOK 85.4k NOK
-66.4%
Net result
+1 NOK -14.0k NOK
-1403100.0%
Equity
6.10m NOK 90.5k NOK
-98.5%
Cash
147.1k NOK 29.2k NOK
-80.2%
Total assets
147.1k NOK 74.8k NOK
-49.1%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 6 100 NOK → 100.0k NOK (+93.9k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 254.1k NOK to 85.4k NOK (-66.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1 NOK profit to a loss of 14.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.10m NOK → 90.5k NOK (equity ratio 4149.8% → 121.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 147.1k NOK → 29.2k NOK (-80.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.46× → -4.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 234.3k NOK → 72.8k NOK (-68.9% YoY). Calculated