AIM FOR ACTIVE AS: årsregnskap 2016 vs 2015
Shrank 87% on revenue, cash halved-plus
approved 2017-06-27; registry 2017-08-07; journal 2017 843508
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AIM FOR ACTIVE AS. Revenue 1.25m NOK → 164.9k NOK (-86.9%). Equity 547.2k NOK → -80.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIM FOR ACTIVE AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 511.2k NOK → 33.2k NOK (41% → 20% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.25m NOK to 164.9k NOK (-86.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +643.13m NOK → -600.78m NOK (op. margin 51254.1% → -364367.3%). Calculated
-
↓
Equity eroded
Book equity 547.2k NOK → -80.0k NOK (equity ratio 51.8% → -149.2%). Calculated
-
↓
Cash fell
Bank deposits 234.8k NOK → 11.5k NOK (-95.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -149.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation