AIP GRUPPEN AS: årsregnskap 2018 vs 2017
Grew 462% on revenue, stronger earnings
approved 2019-07-03; registry 2019-07-13; journal 2019 689016
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIP GRUPPEN AS. Revenue 453 NOK → 2 544 NOK (+461.6%). Net result -60.5k NOK → -242 NOK. Equity -70.4k NOK → -1.90m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AIP GRUPPEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 453 NOK to 2 544 NOK (+461.6% YoY). Calculated
-
↑
Net result improved
Net result -60.5k NOK → -242 NOK (net margin -13359.2% → -9.5%). Calculated
-
↑
Cash rose
Bank deposits 17.5k NOK → 74.9k NOK (+327.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -70.4k NOK → -1.90m NOK (equity ratio -18.5% → -219.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 199.22× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -219.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 30.0k NOK → 24.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 290.0k NOK → 590.0k NOK. Reported fact