Org.nr 920 052 681 2017 → 2018 Year-over-year analysis

AIVERO AS: årsregnskap 2018 vs 2017

Grew 2565% on revenue, cash halved-plus, fresh owner capital

approved 2019-06-30; registry 2019-08-03; journal 2019 899556

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AIVERO AS. Revenue 14.0k NOK → 373.2k NOK (+2565.5%). Equity 185.7k NOK → 13 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIVERO AS.

Scorecard

Revenue
14.0k NOK 373.2k NOK
+2565.5%
Operating result
-48.8k NOK -1.00m NOK
-1957.3%
Net result
n/m -1.01m NOK
—
Equity
185.7k NOK 13 NOK
-100.0%
Cash
240.0k NOK 1 267 NOK
-99.5%
Total assets
254.0k NOK 2.38m NOK
+837.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.0k NOK to 373.2k NOK (+2565.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 185.7k NOK → 234.4k NOK (+48.8k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -48.8k NOK → -1.00m NOK (op. margin -348.4% → -268.9%). Calculated

  • ↓

    Equity eroded

    Book equity 185.7k NOK → 13 NOK (equity ratio 73.1% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 240.0k NOK → 1 267 NOK (-99.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation