AIZOON AS: årsregnskap 2017 vs 2016
Grew 200% on revenue, slipped into loss
approved 2018-04-13; registry 2018-08-08; journal 2018 897418
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIZOON AS. Revenue 593.1k NOK → 1.78m NOK (+199.8%). Net result +6 NOK → -945.7k NOK. Equity -686.8k NOK → 25.43m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AIZOON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 593.1k NOK to 1.78m NOK (+199.8% YoY). Calculated
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↑
Equity strengthened
Book equity -686.8k NOK → 25.43m NOK (equity ratio -5.7% → 82.6%). Calculated
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↑
Cash rose
Bank deposits 159.1k NOK → 500.6k NOK (+214.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio -2.49× → 7.15×. Calculated
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↑
Payroll decreased
Salary cost 921.2k NOK → 854.2k NOK (155% → 48% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 6 NOK profit to a loss of 945.7k NOK. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 4.13m NOK → 190.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 346 NOK → 5 941 NOK. Reported fact