AIRTRANS HOLDING AS: årsregnskap 2012 vs 2011
Weaker earnings
approved 2014-04-10; registry 2014-04-14; journal 2014 353793
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AIRTRANS HOLDING AS. Net result -21.9k NOK → -180.9k NOK. Equity 176.0k NOK → -4 871 NOK.
Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRTRANS HOLDING AS.
At a glance
Scorecard
Revenue
411.5k NOK
n/m
—
Net result
-21.9k NOK
-180.9k NOK
-726.4%
Equity
176.0k NOK
-4 871 NOK
-102.8%
Cash
1 190 NOK
2 159 NOK
+81.4%
Total assets
222.6k NOK
179.6k NOK
-19.3%
What deteriorated
-
↓
Net result weakened
Net result -21.9k NOK → -180.9k NOK. Calculated
-
↓
Equity eroded
Book equity 176.0k NOK → -4 871 NOK (equity ratio 79.1% → -2.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation