AIR TRAFFIC OFFSHORE AS: årsregnskap 1996 vs 1995
Shrank 35% on revenue
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for AIR TRAFFIC OFFSHORE AS. Revenue 2.90m NOK → 1.88m NOK (-35.1%). Equity 890.2k NOK → 450.8k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIR TRAFFIC OFFSHORE AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.54× → 1.84×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.90m NOK to 1.88m NOK (-35.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +654.3k NOK → +118.8k NOK (op. margin 22.5% → 6.3%). Calculated
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↓
Equity eroded
Book equity 890.2k NOK → 450.8k NOK (equity ratio 182.7% → 19.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 60.0k NOK → 10.0k NOK. Reported fact