FirmaIQ
Org.nr 990 800 464 2015 → 2016 Year-over-year analysis

AIRLIFT SERVICES AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-06-20; registry 2017-07-20; journal 2017 730591

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIRLIFT SERVICES AS. Revenue 36.05m NOK → 34.26m NOK (-5.0%). Net result +84.8k NOK → +64.4k NOK. Equity 3.96m NOK → 894.2k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
36.05m NOK 34.26m NOK
-5.0%
Operating result
n/m -61.0k NOK
—
Net result
+84.8k NOK +64.4k NOK
-24.0%
Equity
3.96m NOK 894.2k NOK
-77.4%
Cash
1.11m NOK 1.19m NOK
+7.9%
Total assets
9.20m NOK 7.77m NOK
-15.6%

What improved

  • ↑

    Cash rose

    Bank deposits 1.11m NOK → 1.19m NOK (+7.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 36.05m NOK to 34.26m NOK (-5.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +84.8k NOK → +64.4k NOK (net margin 0.2% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 3.96m NOK → 894.2k NOK (equity ratio 43.0% → 11.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.55× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated