FirmaIQ
Org.nr 991 403 116 2017 → 2018 Year-over-year analysis

AIZOON AS: årsregnskap 2018 vs 2017

Shrank 60% on revenue

approved 2019-06-30; registry 2019-08-21; journal 2019 927389

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIZOON AS. Revenue 1.78m NOK → 711.4k NOK (-60.0%). Net result -945.7k NOK → -927.1k NOK. Equity 25.43m NOK → 23.17m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Scorecard

Revenue
1.78m NOK 711.4k NOK
-60.0%
Net result
-945.7k NOK -927.1k NOK
+2.0%
Equity
25.43m NOK 23.17m NOK
-8.9%
Cash
500.6k NOK 982.3k NOK
+96.2%
Total assets
30.80m NOK 29.52m NOK
-4.1%

What improved

  • ↑

    Cash rose

    Bank deposits 500.6k NOK → 982.3k NOK (+96.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 854.2k NOK → 236.2k NOK (48% → 33% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.78m NOK to 711.4k NOK (-60.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 25.43m NOK → 23.17m NOK (equity ratio 82.6% → 78.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 941 NOK → 5.94m NOK. Reported fact