AIRCONTACT GROUP INVEST AS: årsregnskap 2018 vs 2017
Shrank 16% on revenue, stronger earnings
approved 2019-05-16; registry 2019-07-29; journal 2019 811012
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIRCONTACT GROUP INVEST AS. Revenue 736.6k NOK → 616.8k NOK (-16.3%). Net result -1.07m NOK → -439.9k NOK. Equity 6.45m NOK → 5.55m NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AIRCONTACT GROUP INVEST AS.
At a glance
Scorecard
What improved
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Net result improved
Net result -1.07m NOK → -439.9k NOK (net margin -145.9% → -71.3%). Calculated
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Cash rose
Bank deposits 321.7k NOK → 482.3k NOK (+49.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 736.6k NOK to 616.8k NOK (-16.3% YoY). Calculated
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↓
Equity eroded
Book equity 6.45m NOK → 5.55m NOK (equity ratio 21.4% → 18.7%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 7.03m NOK → 4.86m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 800.8k NOK → 10.2k NOK. Reported fact