Org.nr 991 488 537 2015 → 2016 Year-over-year analysis

AION INVEST AS: årsregnskap 2016 vs 2015

Weaker earnings, cash halved-plus

approved 2017-04-16; registry 2017-05-20; journal 2017 329037

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AION INVEST AS. Revenue 0 NOK → 15.0k NOK. Net result -10.9k NOK → -48.2k NOK. Equity -230.5k NOK → -278.8k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AION INVEST AS.

Scorecard

Revenue
0 NOK 15.0k NOK
—
Operating result
-10.9k NOK +7 013 NOK
+164.3%
Net result
-10.9k NOK -48.2k NOK
-342.1%
Equity
-230.5k NOK -278.8k NOK
-20.9%
Cash
426.6k NOK 15.7k NOK
-96.3%
Total assets
1.27m NOK 1.24m NOK
-2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 15.0k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -10.9k NOK → +7 013 NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -10.9k NOK → -48.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -230.5k NOK → -278.8k NOK (equity ratio -18.2% → -22.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 426.6k NOK → 15.7k NOK (-96.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -22.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.27m NOK → 1.22m NOK. Reported fact