AION AS: årsregnskap 2018 vs 2017
Grew 7687% on revenue, fresh owner capital
approved 2019-06-29; registry 2019-07-01; journal 2019 638307
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AION AS. Revenue 5 015 NOK → 390.5k NOK (+7687.1%). Equity 29.3k NOK → -29.0k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5 015 NOK to 390.5k NOK (+7687.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 120.0k NOK (+90.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -29.6k NOK → -114.3k NOK (op. margin -589.6% → -29.3%). Calculated
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↓
Equity eroded
Book equity 29.3k NOK → -29.0k NOK (equity ratio 44.7% → -19.8%). Calculated
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↓
Cash fell
Bank deposits 7 509 NOK → 3 941 NOK (-47.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 2 507 NOK → 261.9k NOK (+10346.9% YoY). Calculated