AIRHILL AEROSPACE TECHNOLOGIES AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-08-31; registry 2020-09-21; journal 2020 837278
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIRHILL AEROSPACE TECHNOLOGIES AS. Net result -11.4k NOK → -13.1k NOK. Equity -182.8k NOK → -195.9k 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
Operating result
n/m
-13.1k NOK
—
Net result
-11.4k NOK
-13.1k NOK
-14.9%
Equity
-182.8k NOK
-195.9k NOK
-7.2%
Cash
18 NOK
18 NOK
0.0%
Total assets
286.0k NOK
286.0k NOK
0.0%
What deteriorated
-
↓
Net result weakened
Net result -11.4k NOK → -13.1k NOK. Calculated
-
↓
Equity eroded
Book equity -182.8k NOK → -195.9k NOK (equity ratio -63.9% → -68.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -68.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation