AIRBUSTER AS: årsregnskap 2017 vs 2016
Stronger earnings
approved 2018-06-30; registry 2018-07-23; journal 2018 756402
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIRBUSTER AS. Revenue 50.0k NOK → 50.0k NOK (0.0%). Net result +19.3k NOK → +68.7k NOK. Equity 6 702 NOK → -68 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRBUSTER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +19.3k NOK → +68.7k NOK (op. margin 38.6% → 137.4%). Calculated
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↑
Net result improved
Net result +19.3k NOK → +68.7k NOK (net margin 38.6% → 137.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6 702 NOK → -68 NOK (equity ratio 130.6% → -0.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.16× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation