AIRHILL AEROSPACE TECHNOLOGIES AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-04-10; registry 2019-06-08; journal 2019 397168
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIRHILL AEROSPACE TECHNOLOGIES AS. Net result -16.0k NOK → -11.4k NOK. Equity -171.4k NOK → -182.8k NOK.
On the constructive side: net result improved. Pressures included: 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
-16.0k NOK
-11.4k NOK
+28.8%
Equity
-171.4k NOK
-182.8k NOK
-6.7%
Cash
18 NOK
18 NOK
0.0%
Total assets
297.4k NOK
286.0k NOK
-3.8%
What improved
-
↑
Net result improved
Net result -16.0k NOK → -11.4k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -171.4k NOK → -182.8k NOK (equity ratio -57.6% → -63.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -63.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation