Org.nr 913 370 147 2017 → 2018 Year-over-year analysis

AIREX AVIATION AS: årsregnskap 2018 vs 2017

Grew 400% on revenue

approved 2019-05-19; registry 2019-06-19; journal 2019 448691

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AIREX AVIATION AS. Revenue 86.0k NOK → 429.9k NOK (+399.6%). Equity -17.4k NOK → 15.0k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIREX AVIATION AS.

Scorecard

Revenue
86.0k NOK 429.9k NOK
+399.6%
Equity
-17.4k NOK 15.0k NOK
+186.1%
Cash
5 987 NOK 89.5k NOK
+1395.5%
Total assets
9 065 NOK 318.3k NOK
+3411.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 86.0k NOK to 429.9k NOK (+399.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -17.4k NOK → 15.0k NOK (equity ratio -192.0% → 4.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 987 NOK → 89.5k NOK (+1395.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5 420 NOK → 17.2k NOK (+218.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 7 500 NOK. Reported fact