AINNOVATE AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue
approved 2019-05-22; registry 2019-06-26; journal 2019 543612
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AINNOVATE AS. Revenue 1.47m NOK → 1 126 NOK (-99.9%). Equity 110.8k NOK → 167.8k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AINNOVATE AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -277.8k NOK → +81 NOK (op. margin -18.9% → 7.2%). Calculated
-
↑
Equity strengthened
Book equity 110.8k NOK → 167.8k NOK (equity ratio 45.7% → 30.1%). Calculated
-
↑
Cash rose
Bank deposits 169.2k NOK → 502.4k NOK (+196.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.47m NOK to 1 126 NOK (-99.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 619.5k NOK → 681.8k NOK (42% → 60550% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 43.3k NOK → 11.4k NOK (-73.7% YoY). Calculated