AIRLY INVEST AS: årsregnskap 2018 vs 2017
Stronger earnings, cash halved-plus
approved 2019-06-30; registry 2019-07-29; journal 2019 841196
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIRLY INVEST AS. Net result -67.2k NOK → -23.8k NOK. Equity -58.1k NOK → -81.9k NOK.
On the constructive side: net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRLY INVEST AS.
At a glance
Scorecard
Revenue
291 NOK
n/m
—
Operating result
-67.5k NOK
n/m
—
Net result
-67.2k NOK
-23.8k NOK
+64.6%
Equity
-58.1k NOK
-81.9k NOK
-40.9%
Cash
83 NOK
24 NOK
-71.1%
Total assets
1 380 NOK
24 NOK
-98.3%
What improved
-
↑
Net result improved
Net result -67.2k NOK → -23.8k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -58.1k NOK → -81.9k NOK (equity ratio -4212.6% → -341333.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -341333.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation