Org.nr 979 558 821 2016 → 2017 Year-over-year analysis

AIRPROSJEKT AS: årsregnskap 2017 vs 2016

Grew 669% on revenue

approved 2018-07-09; registry 2018-07-19; journal 2018 725399

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIRPROSJEKT AS. Revenue 320.0k NOK → 2.46m NOK (+668.7%). Equity 3.77m NOK → 3.44m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRPROSJEKT AS.

Scorecard

Revenue
320.0k NOK 2.46m NOK
+668.7%
Net result
n/m +402.6k NOK
—
Equity
3.77m NOK 3.44m NOK
-8.7%
Cash
101.9k NOK 314.5k NOK
+208.6%
Total assets
23.89m NOK 23.31m NOK
-2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 320.0k NOK to 2.46m NOK (+668.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 101.9k NOK → 314.5k NOK (+208.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.77m NOK → 3.44m NOK (equity ratio 15.8% → 14.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.40× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.67m NOK → 6.73m NOK. Reported fact