Org.nr 977 499 054 2015 → 2016 Year-over-year analysis

AIRBUS DEFENCE AND SPACE AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue

approved 2017-06-07; registry 2017-07-13; journal 2017 675395

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIRBUS DEFENCE AND SPACE AS. Revenue 217.50m NOK → 372.2k NOK (-99.8%). Equity 88.78m NOK → 129.23m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AIRBUS DEFENCE AND SPACE AS.

At a glance

Revenue

217.50m NOK 372.2k NOK

-99.8%

Operating result

+15.43m NOK n/m

—

Net result

+24.64m NOK n/m

—

Equity

88.78m NOK 129.23m NOK

+45.6%

Cash

46.38m NOK 61.20m NOK

+32.0%

Total assets

148.07m NOK 203.2k NOK

-99.9%

↑
Equity strengthened

Book equity 88.78m NOK → 129.23m NOK (equity ratio 60.0% → 63599.5%). Calculated
↑
Cash rose

Bank deposits 46.38m NOK → 61.20m NOK (+32.0% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 217.50m NOK to 372.2k NOK (-99.8% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.39× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
COGS moved

COGS / varekostnad 85.58m NOK → 183.91m NOK (+114.9% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 93.15m NOK → 88.78m NOK — check capital reduction, conversion, or reclassification. Interpretation