AIR & ENERGY AS: årsregnskap 2018 vs 2017
Returned to profit, cash halved-plus
approved 2019-05-27; registry 2019-08-05; journal 2019 865592
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIR & ENERGY AS. Net result -6 981 NOK → +4 NOK. Equity 7 279 NOK → 4 740 NOK.
On the constructive side: operating result improved; turned profitable; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
188.0k NOK
n/m
—
Operating result
-6 986 NOK
-6 540 NOK
+6.4%
Net result
-6 981 NOK
+4 NOK
+100.1%
Equity
7 279 NOK
4 740 NOK
-34.9%
Cash
5 323 NOK
808 NOK
-84.8%
Total assets
8 104 NOK
4 680 NOK
-42.3%
What improved
-
↑
Operating result improved
Operating result -6 986 NOK → -6 540 NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 6 981 NOK to a profit of 4 NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.01× → 1.19×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7 279 NOK → 4 740 NOK (equity ratio 89.8% → 101.3%). Calculated
-
↓
Cash fell
Bank deposits 5 323 NOK → 808 NOK (-84.8% YoY). Calculated