AIRTRANS HOLDING AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-05-14; registry 2019-06-04; journal 2019 375916
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIRTRANS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +6 902 NOK → +7 124 NOK. Equity -190.9k NOK → -198.0k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRTRANS HOLDING AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
+6 906 NOK
n/m
—
Net result
+6 902 NOK
+7 124 NOK
+3.2%
Equity
-190.9k NOK
-198.0k NOK
-3.7%
Cash
3 562 NOK
1 533 NOK
-57.0%
Total assets
146.9k NOK
104.7k NOK
-28.8%
What deteriorated
-
↓
Equity eroded
Book equity -190.9k NOK → -198.0k NOK (equity ratio -129.9% → -189.2%). Calculated
-
↓
Cash fell
Bank deposits 3 562 NOK → 1 533 NOK (-57.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -189.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation