AIRBUSTER AS: årsregnskap 2020 vs 2019
Cash halved-plus
approved 2021-08-05; registry 2021-08-14; journal 2021 615202
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIRBUSTER AS. Net result -7 424 NOK → -5 313 NOK. Equity -132.5k NOK → -137.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
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 -7 425 NOK → -5 313 NOK. Calculated
-
↑
Net result improved
Net result -7 424 NOK → -5 313 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -132.5k NOK → -137.8k NOK (equity ratio -175.1% → -182.1%). Calculated
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↓
Cash fell
Bank deposits 4 382 NOK → 1 NOK (-100.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -182.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation