AIRBROKER AS: årsregnskap 2016 vs 2015
Shrank 15% on revenue, slipped into loss, cash halved-plus
approved 2017-06-30; registry 2017-08-02; journal 2017 802156
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AIRBROKER AS. Revenue 47.15m NOK → 40.03m NOK (-15.1%). Net result +258.7k NOK → -842.1k NOK. Equity 231.8k NOK → 389.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; fell into a net loss; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRBROKER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 231.8k NOK → 389.7k NOK (equity ratio 3.2% → 11.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 47.15m NOK to 40.03m NOK (-15.1% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 258.7k NOK profit to a loss of 842.1k NOK. Calculated
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↓
Cash fell
Bank deposits 5.26m NOK → 1.88m NOK (-64.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.26m NOK → 1.88m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 43.86m NOK → 37.76m NOK (-13.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6 516 NOK → 19.0k NOK. Reported fact