AIRLOG GROUP AS: årsregnskap 2018 vs 2017
Grew 61% on revenue, stronger earnings
approved 2019-06-30; registry 2019-07-22; journal 2019 791816
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIRLOG GROUP AS. Revenue 2 167 NOK → 3 487 NOK (+60.9%). Net result 0 NOK → +16.7k NOK. Equity 80.0k NOK → 96.7k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRLOG GROUP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2 167 NOK to 3 487 NOK (+60.9% YoY). Calculated
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Net result improved
Net result 0 NOK → +16.7k NOK (net margin 0.0% → 478.6%). Calculated
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Equity strengthened
Book equity 80.0k NOK → 96.7k NOK (equity ratio 10.6% → 7.7%). Calculated
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Current ratio back above 1×
Current ratio 0.00× → 1084.26×. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation