AIRBUS DEFENCE AND SPACE AS: årsregnskap 1997 vs 1996
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AIRBUS DEFENCE AND SPACE AS. Equity 100 NOK → -1 663 NOK.
Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRBUS DEFENCE AND SPACE AS.
At a glance
Scorecard
Operating result
+305 NOK
-10.9k NOK
-3669.8%
Equity
100 NOK
-1 663 NOK
-1763.0%
Total assets
329 NOK
14.5k NOK
+4307.3%
What deteriorated
-
↓
Operating result weakened
Operating result +305 NOK → -10.9k NOK. Calculated
-
↓
Equity eroded
Book equity 100 NOK → -1 663 NOK (equity ratio 30.4% → -11.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -11.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation