Org.nr 917 326 371 2017 → 2018 Year-over-year analysis

AIRBUSTER AS: årsregnskap 2018 vs 2017

A steady year on the published lines

approved 2019-05-14; registry 2019-06-11; journal 2019 399224

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AIRBUSTER AS. Revenue 50.0k NOK → 50.0k NOK (0.0%). Net result +68.7k NOK → +57.0k NOK. Equity -68 NOK → -125.0k NOK.

On the constructive side: payroll decreased. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRBUSTER AS.

Scorecard

Revenue
50.0k NOK 50.0k NOK
0.0%
Operating result
+68.7k NOK n/m
—
Net result
+68.7k NOK +57.0k NOK
-17.0%
Equity
-68 NOK -125.0k NOK
-183794.1%
Cash
5 132 NOK 4 382 NOK
-14.6%
Total assets
80.8k NOK 80.0k NOK
-0.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 68.7k NOK → 7 044 NOK (137% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +68.7k NOK → +57.0k NOK (net margin 137.4% → 114.1%). Calculated

  • ↓

    Equity eroded

    Book equity -68 NOK → -125.0k NOK (equity ratio -0.1% → -156.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -156.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation