AIR TRAFFIC OFFSHORE AS: årsregnskap 2000 vs 1999
Grew 900% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AIR TRAFFIC OFFSHORE AS. Revenue 6 002 NOK → 60.0k NOK (+899.7%). Net result +9 113 NOK → +26.1k NOK. Equity 361.0k NOK → 387.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
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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↑
Revenue rose
Operating income / revenue moved from 6 002 NOK to 60.0k NOK (+899.7% YoY). Calculated
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↑
Operating result improved
Operating result +9 508 NOK → +48.0k NOK (op. margin 158.4% → 80.1%). Calculated
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↑
Net result improved
Net result +9 113 NOK → +26.1k NOK (net margin 151.8% → 43.4%). Calculated
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↑
Equity strengthened
Book equity 361.0k NOK → 387.1k NOK (equity ratio 90.0% → 39.1%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 5.38× → 0.37× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 185.7k NOK → 765.7k NOK. Reported fact