FirmaIQ
Org.nr 979 558 821 2017 → 2018 Year-over-year analysis

AIRPROSJEKT AS: årsregnskap 2018 vs 2017

Shrank 7% on revenue

approved 2019-06-25; registry 2019-07-04; journal 2019 602170

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIRPROSJEKT AS. Revenue 2.46m NOK → 2.29m NOK (-6.8%). Net result +402.6k NOK → +392.4k NOK. Equity 3.44m NOK → 3.12m NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.

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

At a glance

Scorecard

Revenue
2.46m NOK 2.29m NOK
-6.8%
Net result
+402.6k NOK +392.4k NOK
-2.5%
Equity
3.44m NOK 3.12m NOK
-9.3%
Cash
314.5k NOK 329.1k NOK
+4.6%
Total assets
23.31m NOK 22.41m NOK
-3.9%

What improved

  • ↑

    Cash rose

    Bank deposits 314.5k NOK → 329.1k NOK (+4.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.19× → 5.46×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.46m NOK to 2.29m NOK (-6.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 3.44m NOK → 3.12m NOK (equity ratio 14.8% → 13.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.73m NOK → 5.94m NOK. Reported fact