AIRPORT INNOVATION AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-05-30; registry 2018-07-17; journal 2018 719234
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIRPORT INNOVATION AS. Equity 6 215 NOK → -149 NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRPORT INNOVATION AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
n/m
-6 366 NOK
—
Net result
n/m
-6 364 NOK
—
Equity
6 215 NOK
-149 NOK
-102.4%
Cash
6 215 NOK
351 NOK
-94.4%
Total assets
6 215 NOK
351 NOK
-94.4%
What deteriorated
-
↓
Equity eroded
Book equity 6 215 NOK → -149 NOK (equity ratio 100.0% → -42.5%). Calculated
-
↓
Cash fell
Bank deposits 6 215 NOK → 351 NOK (-94.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -42.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation