Org.nr 991 404 155 2016 → 2017 Year-over-year analysis

AIRTRANS AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-07-17; registry 2018-07-24; journal 2018 767641

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIRTRANS AS. Revenue 0 NOK → 65.5k NOK. Equity -563.4k NOK → -565.1k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AIRTRANS AS.

Scorecard

Revenue
0 NOK 65.5k NOK
—
Operating result
-144.7k NOK -1 611 NOK
+98.9%
Net result
0 NOK n/m
—
Equity
-563.4k NOK -565.1k NOK
-0.3%
Cash
12.9k NOK 8 977 NOK
-30.3%
Total assets
52.4k NOK 58.3k NOK
+11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 65.5k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -144.7k NOK → -1 611 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -563.4k NOK → -565.1k NOK (equity ratio -1075.1% → -968.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.9k NOK → 8 977 NOK (-30.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 124 NOK → 8 812 NOK. Calculated

  • ·

    COGS fell

    COGS / varekostnad 100.6k NOK → 58.3k NOK (-42.1% YoY). Calculated