Org.nr 991 626 352 2016 → 2017 Year-over-year analysis

AINA AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-02-21; registry 2018-06-26; journal 2018 571244

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AINA AS. Revenue 3.96m NOK → 3.90m NOK (-1.5%). Equity 901.9k NOK → 6 004 NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Revenue

3.96m NOK 3.90m NOK

-1.5%

Equity

901.9k NOK 6 004 NOK

-99.3%

Cash

643.8k NOK 827.1k NOK

+28.5%

Total assets

1.23m NOK 1.39m NOK

+13.4%

↓
Revenue fell

Operating income / revenue moved from 3.96m NOK to 3.90m NOK (-1.5% YoY). Calculated
↓
Equity eroded

Book equity 901.9k NOK → 6 004 NOK (equity ratio 73.6% → 0.4%). Calculated
↓
Payroll up without matching revenue

Salary cost 686.4k NOK → 693.0k NOK (17% → 18% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 2.79m NOK → 2.48m NOK (-11.3% YoY). Calculated