Org.nr 912 116 638 2015 → 2016 Year-over-year analysis

AIRCRAFT SOLUTIONS AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-06-19; registry 2017-07-06; journal 2017 610397

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AIRCRAFT SOLUTIONS AS. Revenue 1.07m NOK → 1.07m NOK (+0.0%). Net result +289.7k NOK → +88.4k NOK. Equity 2.51m NOK → 2.43m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.

Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for AIRCRAFT SOLUTIONS AS.

Scorecard

Revenue
1.07m NOK 1.07m NOK
+0.0%
Net result
+289.7k NOK +88.4k NOK
-69.5%
Equity
2.51m NOK 2.43m NOK
-3.5%
Cash
49.0k NOK 298.1k NOK
+507.9%
Total assets
4.38m NOK 4.28m NOK
-2.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.07m NOK to 1.07m NOK (+0.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 49.0k NOK → 298.1k NOK (+507.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.36× → 1.48×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +289.7k NOK → +88.4k NOK (net margin 27.2% → 8.3%). Calculated

  • ↓

    Equity eroded

    Book equity 2.51m NOK → 2.43m NOK (equity ratio 57.4% → 56.7%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.51m NOK → 2.43m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 796.2k NOK → 804.3k NOK (75% → 75% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 367.5k NOK → 1.22m NOK. Reported fact