Org.nr 996 744 841 2016 → 2017 Year-over-year analysis

AIM FOR ACTIVE AS: årsregnskap 2017 vs 2016

Shrank 43% on revenue

approved 2018-06-30; registry 2018-07-26; journal 2018 798310

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIM FOR ACTIVE AS. Revenue 164.9k NOK → 94.0k NOK (-43.0%). Equity -80.0k NOK → -99.8k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIM FOR ACTIVE AS.

At a glance

Revenue

164.9k NOK 94.0k NOK

-43.0%

Operating result

-600.78m NOK n/m

—

Net result

-627.3k NOK n/m

—

Equity

-80.0k NOK -99.8k NOK

-24.7%

Cash

11.5k NOK 8 272 NOK

-28.3%

Total assets

53.6k NOK 23.8k NOK

-55.6%

↑
Payroll decreased

Salary cost 33.2k NOK → 10.2k NOK (20% → 11% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 164.9k NOK to 94.0k NOK (-43.0% YoY). Calculated
↓
Equity eroded

Book equity -80.0k NOK → -99.8k NOK (equity ratio -149.2% → -419.2%). Calculated
↓
Cash fell

Bank deposits 11.5k NOK → 8 272 NOK (-28.3% YoY). Calculated

·
Thin equity buffer

Equity ratio is -419.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 20.8k NOK → 7 960 NOK (-61.8% YoY). Calculated