AIRDESIGN AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, returned to profit
approved 2018-05-16; registry 2018-08-07; journal 2018 893918
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIRDESIGN AS. Revenue 908.7k NOK → 1 034 NOK (-99.9%). Net result -162.9k NOK → +357.1k NOK. Equity 172.9k NOK → 530.0k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRDESIGN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -162.7k NOK → +422.5k NOK (op. margin -17.9% → 40857.9%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 162.9k NOK to a profit of 357.1k NOK. Calculated
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↑
Equity strengthened
Book equity 172.9k NOK → 530.0k NOK (equity ratio 46.4% → 65.2%). Calculated
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↑
Cash rose
Bank deposits 106.5k NOK → 245.5k NOK (+130.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 908.7k NOK to 1 034 NOK (-99.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 445.2k NOK → 32.0k NOK (-92.8% YoY). Calculated