AERIAL GEO SURVEY AS: årsregnskap 2017 vs 2016
Shrank 98% on revenue
approved 2018-05-31; registry 2018-08-09; journal 2018 906256
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AERIAL GEO SURVEY AS. Revenue 160.1k NOK → 3 250 NOK (-98.0%). Equity 36.0k NOK → -120.6k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AERIAL GEO SURVEY AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 160.1k NOK to 3 250 NOK (-98.0% YoY). Calculated
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↓
Operating result weakened
Operating result +2 051 NOK → -156.5k NOK (op. margin 1.3% → -4816.3%). Calculated
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↓
Equity eroded
Book equity 36.0k NOK → -120.6k NOK (equity ratio 21.4% → -143.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -143.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation