AIR CTRL AS: årsregnskap 2019 vs 2018
Grew 687% on revenue
approved 2020-08-31; registry 2020-09-15; journal 2020 827359
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIR CTRL AS. Revenue 11.9k NOK → 93.5k NOK (+687.1%). Equity -378.1k NOK → -696.7k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIR CTRL AS.
At a glance
Scorecard
Revenue
11.9k NOK
93.5k NOK
+687.1%
Operating result
n/m
-318.7k NOK
—
Net result
n/m
-318.6k NOK
—
Equity
-378.1k NOK
-696.7k NOK
-84.3%
Cash
83 NOK
85 NOK
+2.4%
Total assets
203.5k NOK
44.7k NOK
-78.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 11.9k NOK to 93.5k NOK (+687.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -378.1k NOK → -696.7k NOK (equity ratio -185.8% → -1557.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1557.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation