Org.nr 988 130 885 2016 → 2017 Year-over-year analysis

AIVOG AS: årsregnskap 2017 vs 2016

Grew 117115% on revenue, weaker earnings

approved 2018-05-17; registry 2018-06-28; journal 2018 583638

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIVOG AS. Revenue 207.1k NOK → 242.70m NOK (+117115.3%). Net result +324.3k NOK → +151.6k NOK. Equity 11.02m NOK → 11.07m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIVOG AS.

Scorecard

Revenue
207.1k NOK 242.70m NOK
+117115.3%
Operating result
+136.8k NOK +134.7k NOK
-1.5%
Net result
+324.3k NOK +151.6k NOK
-53.3%
Equity
11.02m NOK 11.07m NOK
+0.5%
Cash
1.87m NOK 1.96m NOK
+4.5%
Total assets
11.31m NOK 11.27m NOK
-0.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 207.1k NOK to 242.70m NOK (+117115.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 11.02m NOK → 11.07m NOK (equity ratio 97.4% → 98.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.87m NOK → 1.96m NOK (+4.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +136.8k NOK → +134.7k NOK (op. margin 66.1% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +324.3k NOK → +151.6k NOK (net margin 156.6% → 0.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.81m NOK → 2.78m NOK. Reported fact