AIP GRUPPEN AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-06-29; registry 2018-07-16; journal 2018 687618
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIP GRUPPEN AS. Net result -63.3k NOK → -60.5k NOK. Equity -32.0k NOK → -70.4k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIP GRUPPEN AS.
At a glance
Scorecard
Revenue
n/m
453 NOK
—
Operating result
-38.3k NOK
-35.5k NOK
+7.2%
Net result
-63.3k NOK
-60.5k NOK
+4.4%
Equity
-32.0k NOK
-70.4k NOK
-119.6%
Cash
51.1k NOK
17.5k NOK
-65.7%
Total assets
343.0k NOK
379.6k NOK
+10.7%
What improved
-
↑
Operating result improved
Operating result -38.3k NOK → -35.5k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -32.0k NOK → -70.4k NOK (equity ratio -9.3% → -18.5%). Calculated
-
↓
Cash fell
Bank deposits 51.1k NOK → 17.5k NOK (-65.7% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -18.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation