Org.nr 996 744 841 2017 → 2018 Year-over-year analysis

AIM FOR ACTIVE AS: årsregnskap 2018 vs 2017

Shrank 92% on revenue, cash halved-plus

approved 2019-06-26; registry 2019-07-23; journal 2019 768845

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIM FOR ACTIVE AS. Revenue 94.0k NOK → 7 406 NOK (-92.1%). Equity -99.8k NOK → -115.1k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

94.0k NOK 7 406 NOK

-92.1%

Operating result

n/m +15.2k NOK

—

Net result

n/m +18.3k NOK

—

Equity

-99.8k NOK -115.1k NOK

-15.3%

Cash

8 272 NOK 2 547 NOK

-69.2%

Total assets

23.8k NOK 2 547 NOK

-89.3%

↓
Revenue fell

Operating income / revenue moved from 94.0k NOK to 7 406 NOK (-92.1% YoY). Calculated
↓
Equity eroded

Book equity -99.8k NOK → -115.1k NOK (equity ratio -419.2% → -4518.3%). Calculated
↓
Cash fell

Bank deposits 8 272 NOK → 2 547 NOK (-69.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is -4518.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation