AIRHILL AEROSPACE TECHNOLOGIES AS: årsregnskap 2017 vs 2016
Another loss-making year
approved 2018-06-30; registry 2018-07-12; journal 2018 675123
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIRHILL AEROSPACE TECHNOLOGIES AS. Net result -9 916 NOK → -16.0k NOK. Equity -155.4k NOK → -171.4k NOK.
Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRHILL AEROSPACE TECHNOLOGIES AS.
At a glance
Scorecard
Net result
-9 916 NOK
-16.0k NOK
-61.5%
Equity
-155.4k NOK
-171.4k NOK
-10.3%
Cash
18 NOK
18 NOK
0.0%
Total assets
384.6k NOK
297.4k NOK
-22.7%
What deteriorated
-
↓
Net result weakened
Net result -9 916 NOK → -16.0k NOK. Calculated
-
↓
Equity eroded
Book equity -155.4k NOK → -171.4k NOK (equity ratio -40.4% → -57.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -57.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation