Org.nr 992 802 510 2016 → 2017 Year-over-year analysis

AIRTRANS HOLDING AS: årsregnskap 2017 vs 2016

A steady year on the published lines

approved 2018-07-17; registry 2018-07-24; journal 2018 767625

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIRTRANS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result 0 NOK → +6 902 NOK. Equity -184.0k NOK → -190.9k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: equity eroded.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
0 NOK +6 906 NOK
—
Net result
0 NOK +6 902 NOK
—
Equity
-184.0k NOK -190.9k NOK
-3.8%
Cash
3 558 NOK 3 562 NOK
+0.1%
Total assets
146.9k NOK 146.9k NOK
+0.0%

What improved

  • ↑

    Operating result improved

    Operating result 0 NOK → +6 906 NOK. Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +6 902 NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 19.1k NOK → 6 906 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -184.0k NOK → -190.9k NOK (equity ratio -125.2% → -129.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -129.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation