Org.nr 990 920 958 2015 → 2016 Year-over-year analysis

AIRDOME360 AS: årsregnskap 2016 vs 2015

Stronger earnings

approved 2017-06-23; registry 2017-07-22; journal 2017 747454

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AIRDOME360 AS. Net result -268.1k NOK → -196.7k NOK. Equity -7.69m NOK → -7.89m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIRDOME360 AS.

Scorecard

Revenue
870 NOK n/m
—
Operating result
-256.0k NOK -194.4k NOK
+24.1%
Net result
-268.1k NOK -196.7k NOK
+26.6%
Equity
-7.69m NOK -7.89m NOK
-2.6%
Cash
18.2k NOK 33.1k NOK
+81.5%
Total assets
36.4k NOK 33.4k NOK
-8.1%

What improved

  • ↑

    Operating result improved

    Operating result -256.0k NOK → -194.4k NOK. Calculated

  • ↑

    Net result improved

    Net result -268.1k NOK → -196.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 18.2k NOK → 33.1k NOK (+81.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -7.69m NOK → -7.89m NOK (equity ratio -21149.3% → -23602.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -23602.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 197.6k NOK → 123.7k NOK (-37.4% YoY). Calculated