AINVENT AS: årsregnskap 2018 vs 2017
Shrank 6% on revenue, weaker earnings
approved 2019-03-25; registry 2019-06-05; journal 2019 381482
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AINVENT AS. Revenue 733.8k NOK → 687.0k NOK (-6.4%). Net result -138.8k NOK → -169.3k NOK. Equity 3 143 NOK → -166.2k 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 AINVENT AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 733.8k NOK to 687.0k NOK (-6.4% YoY). Calculated
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Net result weakened
Net result -138.8k NOK → -169.3k NOK (net margin -18.9% → -24.6%). Calculated
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Equity eroded
Book equity 3 143 NOK → -166.2k NOK (equity ratio 0.3% → -23.2%). Calculated
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Cash fell
Bank deposits 767.2k NOK → 627.6k NOK (-18.2% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.00× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -23.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation