AIRCONTACT SERVICES AS: årsregnskap 2018 vs 2017
Grew 66% on revenue, cash halved-plus
approved 2019-05-16; registry 2019-08-06; journal 2019 871252
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIRCONTACT SERVICES AS. Revenue 4.36m NOK → 7.25m NOK (+66.3%). Equity 2.37m NOK → 2.64m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.36m NOK to 7.25m NOK (+66.3% YoY). Calculated
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↑
Equity strengthened
Book equity 2.37m NOK → 2.64m NOK (equity ratio 45.7% → 33.3%). Calculated
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↑
Owners injected capital
Paid-in equity rose 2.37m NOK → 2.64m NOK (+274.6k NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 217.0k NOK → 16.6k NOK (-92.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.39× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated