FirmaIQ
Org.nr 977 499 054 2017 → 2018 Year-over-year analysis

AIRBUS DEFENCE AND SPACE AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, cash halved-plus

approved 2019-10-11; registry 2019-11-04; journal 2019 942552

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIRBUS DEFENCE AND SPACE AS. Revenue 312.05m NOK → 656.1k NOK (-99.8%). Equity 145.8k NOK → 164.2k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AIRBUS DEFENCE AND SPACE AS.

At a glance

Scorecard

Revenue
312.05m NOK 656.1k NOK
-99.8%
Equity
145.8k NOK 164.2k NOK
+12.7%
Cash
319.00m NOK 90.19m NOK
-71.7%
Total assets
475.4k NOK 259.58m NOK
+54500.5%

What improved

  • ↑

    Equity strengthened

    Book equity 145.8k NOK → 164.2k NOK (equity ratio 30.7% → 0.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 2.88×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 312.05m NOK to 656.1k NOK (-99.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 319.00m NOK → 90.19m NOK (-71.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (319.00m NOK → 90.19m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 144.78m NOK → 451.9k NOK (-99.7% YoY). Calculated