AIRSPINN HOLDING AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-08-31; registry 2020-10-08; journal 2020 933216
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIRSPINN HOLDING AS. Net result +24.5k NOK → +1.85m NOK. Equity 172.9k NOK → 10 NOK.
On the constructive side: net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRSPINN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +24.5k NOK → +1.85m NOK. Calculated
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↑
Cash rose
Bank deposits 252.6k NOK → 564.4k NOK (+123.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 172.9k NOK → 10 NOK (equity ratio 38.2% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3 412 NOK → 487.6k NOK. Reported fact