AIR TRAFFIC OFFSHORE AS: årsregnskap 2016 vs 2015
Grew 5% on revenue, cash halved-plus
approved 2017-05-03; registry 2017-06-12; journal 2017 421087
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AIR TRAFFIC OFFSHORE AS. Revenue 380.2k NOK → 399.3k NOK (+5.0%). Net result +2 015 NOK → +2 016 NOK. Equity 8.14m NOK → 8.31m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.
Also worth watching: sharp cash drawdown. 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 380.2k NOK to 399.3k NOK (+5.0% YoY). Calculated
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↑
Equity strengthened
Book equity 8.14m NOK → 8.31m NOK (equity ratio 81.5% → 67.0%). Calculated
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↑
Owners injected capital
Paid-in equity rose 8.22m NOK → 8.31m NOK (+96.1k NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 1.61m NOK → 268.1k NOK (-83.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.61m NOK → 268.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation