AIRLIFT AS: årsregnskap 2003 vs 2002
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AIRLIFT AS. Net result +3.81m NOK → -6.83m NOK. Equity 30.98m NOK → 24.15m NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRLIFT AS.
At a glance
Scorecard
Operating result
+5.80m NOK
+26.54m NOK
+357.7%
Net result
+3.81m NOK
-6.83m NOK
-279.1%
Equity
30.98m NOK
24.15m NOK
-22.0%
Total assets
70.92m NOK
118.61m NOK
+67.3%
What improved
-
↑
Operating result improved
Operating result +5.80m NOK → +26.54m NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 3.81m NOK profit to a loss of 6.83m NOK. Calculated
-
↓
Equity eroded
Book equity 30.98m NOK → 24.15m NOK (equity ratio 43.7% → 20.4%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 4.54m NOK → 26.99m NOK. Reported fact