AERO LOGICS AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-06-29; registry 2020-09-03; journal 2020 734944
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AERO LOGICS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -6 874 NOK → +5 624 NOK. Equity -365.1k NOK → -370.7k NOK.
On the constructive side: turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AERO LOGICS AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
n/m
-5 625 NOK
—
Net result
-6 874 NOK
+5 624 NOK
+181.8%
Equity
-365.1k NOK
-370.7k NOK
-1.5%
Cash
4 426 NOK
4 427 NOK
+0.0%
Total assets
58.0k NOK
58.0k NOK
+0.0%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 6 874 NOK to a profit of 5 624 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -365.1k NOK → -370.7k NOK (equity ratio -629.4% → -639.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -639.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation