AEROMOBILE AS: årsregnskap 1997 vs 1996
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AEROMOBILE AS. Equity 54 NOK → -25.7k NOK.
Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AEROMOBILE AS.
At a glance
Scorecard
Operating result
+6.26bn NOK
+965.5k NOK
-100.0%
Equity
54 NOK
-25.7k NOK
-47763.0%
Total assets
3.86m NOK
603.9k NOK
-84.4%
What deteriorated
-
↓
Operating result weakened
Operating result +6.26bn NOK → +965.5k NOK. Calculated
-
↓
Equity eroded
Book equity 54 NOK → -25.7k NOK (equity ratio 0.0% → -4.3%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation