AION INVEST AS: årsregnskap 2018 vs 2017
Stronger earnings, cash halved-plus
approved 2019-04-26; registry 2019-06-13; journal 2019 421550
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AION INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +10.6k NOK → +34.0k NOK. Equity -268.2k NOK → -302.2k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: 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.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -9 794 NOK → +9 800 NOK. Calculated
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↑
Net result improved
Net result +10.6k NOK → +34.0k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity -268.2k NOK → -302.2k NOK (equity ratio -21.3% → -24.4%). Calculated
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↓
Cash fell
Bank deposits 12.8k NOK → 2 964 NOK (-76.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -24.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1.25m NOK → 1.24m NOK. Reported fact