AIRSPACE HOLDING AS: årsregnskap 2019 vs 2018
Shrank 89% on revenue
approved 2020-07-10; registry 2020-09-12; journal 2020 803805
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIRSPACE HOLDING AS. Revenue 853.3k NOK → 91.6k NOK (-89.3%). Equity 65.94m NOK → 64.02m NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: 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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↑
Operating result improved
Operating result -42.0k NOK → +1.28m NOK (op. margin -4.9% → 1393.8%). Calculated
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↑
Cash rose
Bank deposits 374.4k NOK → 844.4k NOK (+125.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.30m NOK → -932 NOK (269% → -1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 853.3k NOK to 91.6k NOK (-89.3% YoY). Calculated
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↓
Equity eroded
Book equity 65.94m NOK → 64.02m NOK (equity ratio 99.2% → 99.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 3.24m NOK → 1 999 NOK. Reported fact