AIRHILL AEROSPACE TECHNOLOGIES AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-08-31; registry 2021-10-20; journal 2021 840508
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIRHILL AEROSPACE TECHNOLOGIES AS. Net result -13.1k NOK → -9 922 NOK. Equity -195.9k NOK → -205.8k NOK.
On the constructive side: operating result improved; 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
What improved
-
↑
Operating result improved
Operating result -13.1k NOK → -9 922 NOK. Calculated
-
↑
Net result improved
Net result -13.1k NOK → -9 922 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -195.9k NOK → -205.8k NOK (equity ratio -68.5% → -78.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -78.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation