AIM EIE AS: årsregnskap 2018 vs 2017
Shrank 41% on revenue, weaker earnings
approved 2019-07-02; registry 2019-07-23; journal 2019 765789
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIM EIE AS. Revenue 430.3k NOK → 255.3k NOK (-40.7%). Net result +205.5k NOK → +65.7k NOK. Equity 273.2k NOK → 38.9k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIM EIE AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 430.3k NOK to 255.3k NOK (-40.7% YoY). Calculated
-
↓
Net result weakened
Net result +205.5k NOK → +65.7k NOK (net margin 47.8% → 25.7%). Calculated
-
↓
Equity eroded
Book equity 273.2k NOK → 38.9k NOK (equity ratio 3.2% → 0.4%). Calculated
-
↓
Cash fell
Bank deposits 136.0k NOK → 97.6k NOK (-28.2% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 165.8k NOK → 319.8k NOK. Reported fact