AIRADVANTAGE AS: årsregnskap 2015 vs 2014
Weaker earnings, fresh owner capital
approved 2016-05-21; registry 2016-09-05; journal 2016 904787
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AIRADVANTAGE AS. Net result -10.1k NOK → -219.4k NOK. Equity 19.9k NOK → -149.5k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRADVANTAGE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 18.8k NOK → 51.0k NOK (+171.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 80.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -10.1k NOK → -219.4k NOK. Calculated
-
↓
Equity eroded
Book equity 19.9k NOK → -149.5k NOK (equity ratio 100.0% → -27.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -27.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation