FirmaIQ
Org.nr 915 532 454 2016 → 2017 Year-over-year analysis

AIR & ENERGY AS: årsregnskap 2017 vs 2016

Slipped into loss, cash halved-plus

approved 2018-06-22; registry 2018-07-09; journal 2018 656178

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIR & ENERGY AS. Revenue 188.0k NOK → 188.0k NOK (0.0%). Net result +23.2k NOK → -6 981 NOK. Equity 14.3k NOK → 7 279 NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
188.0k NOK 188.0k NOK
0.0%
Operating result
+23.9k NOK -6 986 NOK
-129.2%
Net result
+23.2k NOK -6 981 NOK
-130.1%
Equity
14.3k NOK 7 279 NOK
-49.0%
Cash
14.9k NOK 5 323 NOK
-64.3%
Total assets
14.9k NOK 8 104 NOK
-45.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +23.9k NOK → -6 986 NOK (op. margin 12.7% → -3.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 23.2k NOK profit to a loss of 6 981 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 14.3k NOK → 7 279 NOK (equity ratio 95.6% → 89.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.9k NOK → 5 323 NOK (-64.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 22.97× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated