AIRBUSTER AS: årsregnskap 2019 vs 2018
Shrank 200% on revenue, slipped into loss
approved 2020-08-31; registry 2020-09-12; journal 2020 805541
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIRBUSTER AS. Revenue 50.0k NOK → -50.0k NOK (-200.0%). Net result +57.0k NOK → -7 424 NOK. Equity -125.0k NOK → -132.5k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRBUSTER AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 50.0k NOK to -50.0k NOK (-200.0% YoY). Calculated
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Fell into a net loss
Net result flipped from 57.0k NOK profit to a loss of 7 424 NOK. Calculated
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Equity eroded
Book equity -125.0k NOK → -132.5k NOK (equity ratio -156.2% → -175.1%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -175.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation