AIP YARD AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-02-27; registry 2019-07-02; journal 2019 583023
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIP YARD AS. Net result -13.7k NOK → -17.3k NOK. Equity 16.3k NOK → -915 NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIP YARD AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -13.7k NOK → -16.7k NOK. Calculated
-
↓
Net result weakened
Net result -13.7k NOK → -17.3k NOK. Calculated
-
↓
Equity eroded
Book equity 16.3k NOK → -915 NOK (equity ratio 54.5% → -4.7%). Calculated
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↓
Cash fell
Bank deposits 30.0k NOK → 19.5k NOK (-34.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.20× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation