AIRSPACE HOLDING AS: årsregnskap 2007 vs 2006
Cash halved-plus, fresh owner capital
approved 2008-06-30; registry 2008-08-23
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AIRSPACE HOLDING AS. Revenue 0 NOK → 42.0k NOK. Equity 31.4k NOK → 30.15m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AIRSPACE HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 42.0k NOK. Calculated
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↑
Equity strengthened
Book equity 31.4k NOK → 30.15m NOK (equity ratio 99.5% → 99.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.16× → 61.80×. Calculated
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↑
Owners injected capital
Paid-in equity rose 3 858 NOK → 3.86m NOK (+3.86m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 23.54m NOK → 8.16m NOK (-65.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (23.54m NOK → 8.16m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1 NOK → 8.50m NOK. Reported fact