Org.nr 852 339 942 2016 → 2017 Year-over-year analysis

AEROTECH AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2018-05-29; registry 2018-07-24; journal 2018 771247

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AEROTECH AS. Revenue 70.3k NOK → 0 NOK (-100.0%). Net result +3 470 NOK → +25.2k NOK. Equity 89.0k NOK → 63.7k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
70.3k NOK 0 NOK
-100.0%
Operating result
-3 464 NOK -24.1k NOK
-597.1%
Net result
+3 470 NOK +25.2k NOK
+627.0%
Equity
89.0k NOK 63.7k NOK
-28.4%
Cash
130.3k NOK 64.3k NOK
-50.6%
Total assets
130.3k NOK 64.3k NOK
-50.6%

What improved

  • ↑

    Net result improved

    Net result +3 470 NOK → +25.2k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 70.3k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -3 464 NOK → -24.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 89.0k NOK → 63.7k NOK (equity ratio 68.3% → 99.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 130.3k NOK → 64.3k NOK (-50.6% YoY). Calculated