Org.nr 914 448 557 2016 → 2017 Year-over-year analysis

AIIR AS: årsregnskap 2017 vs 2016

Grew 8% on revenue, returned to profit

approved 2018-07-30; registry 2018-08-04; journal 2018 870985

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIIR AS. Revenue 85.4k NOK → 92.4k NOK (+8.3%). Net result -14.0k NOK → +62.2k NOK. Equity 90.5k NOK → 82.8k NOK.

On the constructive side: revenue rose; turned profitable. Pressures included: equity eroded; cash fell.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AIIR AS.

Scorecard

Revenue
85.4k NOK 92.4k NOK
+8.3%
Net result
-14.0k NOK +62.2k NOK
+543.7%
Equity
90.5k NOK 82.8k NOK
-8.6%
Cash
29.2k NOK 27.3k NOK
-6.3%
Total assets
74.8k NOK 66.2k NOK
-11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 85.4k NOK to 92.4k NOK (+8.3% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 14.0k NOK to a profit of 62.2k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 90.5k NOK → 82.8k NOK (equity ratio 121.0% → 125.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.2k NOK → 27.3k NOK (-6.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 72.8k NOK → 4 727 NOK (-93.5% YoY). Calculated