AIMAS AS: årsregnskap 2018 vs 2017
Shrank 26% on revenue, weaker earnings
approved 2019-06-13; registry 2019-06-26; journal 2019 543891
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIMAS AS. Revenue 150.1k NOK → 111.3k NOK (-25.9%). Net result -12.0k NOK → -25.5k NOK. Equity -13.4k NOK → -38.9k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIMAS AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 150.1k NOK to 111.3k NOK (-25.9% YoY). Calculated
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↓
Net result weakened
Net result -12.0k NOK → -25.5k NOK (net margin -8.0% → -23.0%). Calculated
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↓
Equity eroded
Book equity -13.4k NOK → -38.9k NOK (equity ratio -13.7% → -49.1%). Calculated
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↓
Cash fell
Bank deposits 19.6k NOK → 14.4k NOK (-26.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -49.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation