AIRSIDE INNOVATION AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2020-05-13; registry 2020-05-16; journal 2020 364848
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIRSIDE INNOVATION AS. Net result -2 174 NOK → -15.0k NOK. Equity 22.0k NOK → 6 990 NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
-2 185 NOK
-14.9k NOK
-581.8%
Net result
-2 174 NOK
-15.0k NOK
-591.5%
Equity
22.0k NOK
6 990 NOK
-68.3%
Cash
22.0k NOK
6 030 NOK
-72.6%
Total assets
22.0k NOK
6 030 NOK
-72.6%
What deteriorated
-
↓
Operating result weakened
Operating result -2 185 NOK → -14.9k NOK. Calculated
-
↓
Net result weakened
Net result -2 174 NOK → -15.0k NOK. Calculated
-
↓
Equity eroded
Book equity 22.0k NOK → 6 990 NOK (equity ratio 100.0% → 115.9%). Calculated
-
↓
Cash fell
Bank deposits 22.0k NOK → 6 030 NOK (-72.6% YoY). Calculated