Org.nr 914 348 684 2016 → 2017 Year-over-year analysis

AIRCONTACT GROUP INVEST AS: årsregnskap 2017 vs 2016

Grew 24% on revenue, cash halved-plus, fresh owner capital

approved 2018-04-27; registry 2018-06-25; journal 2018 540336

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIRCONTACT GROUP INVEST AS. Revenue 593.9k NOK → 736.6k NOK (+24.0%). Equity 6.86m NOK → 6.45m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AIRCONTACT GROUP INVEST AS.

Scorecard

Revenue
593.9k NOK 736.6k NOK
+24.0%
Net result
n/m -1.07m NOK
—
Equity
6.86m NOK 6.45m NOK
-6.0%
Cash
1.19m NOK 321.7k NOK
-73.1%
Total assets
21.29m NOK 30.19m NOK
+41.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 593.9k NOK to 736.6k NOK (+24.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 7.03m NOK (+7.00m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.86m NOK → 6.45m NOK (equity ratio 32.2% → 21.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.19m NOK → 321.7k NOK (-73.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.19m NOK → 321.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation