Org.nr 918 448 470 2017 → 2018 Year-over-year analysis

AIO HOLDING AS: årsregnskap 2018 vs 2017

Shrank 99% on revenue, cash halved-plus

approved 2019-05-25; registry 2019-07-25; journal 2019 785566

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIO HOLDING AS. Revenue 3.00m NOK → 40.8k NOK (-98.6%). Equity 8.68m NOK → 8.26m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AIO HOLDING AS.

At a glance

Revenue

3.00m NOK 40.8k NOK

-98.6%

Operating result

+2.94m NOK -173.4k NOK

-105.9%

Equity

8.68m NOK 8.26m NOK

-4.9%

Cash

2.52m NOK 640.0k NOK

-74.6%

Total assets

8.74m NOK 9.81m NOK

+12.2%

↓
Revenue fell

Operating income / revenue moved from 3.00m NOK to 40.8k NOK (-98.6% YoY). Calculated
↓
Operating result weakened

Operating result +2.94m NOK → -173.4k NOK (op. margin 98.0% → -424.5%). Calculated
↓
Equity eroded

Book equity 8.68m NOK → 8.26m NOK (equity ratio 99.3% → 84.2%). Calculated
↓
Cash fell

Bank deposits 2.52m NOK → 640.0k NOK (-74.6% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 174 NOK → 11.5k NOK (0% → 28% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.52m NOK → 640.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation