AIR TICKET AS: årsregnskap 2019 vs 2018
Grew 11% on revenue, slipped into loss, cash halved-plus
approved 2020-10-08; registry 2020-10-19; journal 2020 952933
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIR TICKET AS. Revenue 139.95m NOK → 155.17m NOK (+10.9%). Net result +501.8k NOK → -569.7k NOK. Equity 5.05m NOK → 3.88m NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR TICKET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 139.95m NOK to 155.17m NOK (+10.9% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 501.8k NOK profit to a loss of 569.7k NOK. Calculated
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↓
Equity eroded
Book equity 5.05m NOK → 3.88m NOK (equity ratio 36.5% → 35.1%). Calculated
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↓
Cash fell
Bank deposits 639.4k NOK → 170.6k NOK (-73.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 1.54m NOK → 1.01m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 2.42m NOK → 2.86m NOK (2% → 2% of revenue). Calculated
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COGS moved
COGS / varekostnad 134.82m NOK → 148.92m NOK (+10.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 608.9k NOK → 442.7k NOK. Reported fact