Org.nr 991 404 155 2015 → 2016 Year-over-year analysis

AIRTRANS AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue, weaker earnings

approved 2017-06-12; registry 2017-07-08; journal 2017 640078

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AIRTRANS AS. Revenue 80.8k NOK → 0 NOK (-100.0%). Net result +144.7k NOK → 0 NOK. Equity -563.4k NOK → -563.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened.

Also worth watching: operating result unchanged; thin equity buffer. All figures are taken from the published annual accounts for AIRTRANS AS.

Scorecard

Revenue
80.8k NOK 0 NOK
-100.0%
Operating result
-144.7k NOK -144.7k NOK
0.0%
Net result
+144.7k NOK 0 NOK
-100.0%
Equity
-563.4k NOK -563.4k NOK
0.0%
Cash
12.9k NOK 12.9k NOK
0.0%
Total assets
52.4k NOK 52.4k NOK
0.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.12m NOK → 1 124 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 80.8k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +144.7k NOK → 0 NOK. Calculated

Things to notice

  • ·

    Operating result unchanged

    Operating result -144.7k NOK → -144.7k NOK. Calculated

  • ·

    Thin equity buffer

    Equity ratio is -1075.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation