AION INVEST AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-02-10; registry 2020-05-11; journal 2020 344446
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AION INVEST AS. Revenue 0 NOK → 10.4k NOK. Net result +34.0k NOK → +17.2k NOK. Equity -302.2k NOK → -319.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
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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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 10.4k NOK. Calculated
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↑
Cash rose
Bank deposits 2 964 NOK → 9 684 NOK (+226.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +9 800 NOK → -56 NOK. Calculated
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↓
Net result weakened
Net result +34.0k NOK → +17.2k NOK. Calculated
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↓
Equity eroded
Book equity -302.2k NOK → -319.4k NOK (equity ratio -24.4% → -25.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -25.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1.24m NOK → 1.24m NOK. Reported fact