AIRTRANS HOLDING AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-05-09; registry 2021-05-12; journal 2021 283881
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIRTRANS HOLDING AS. Net result +7 512 NOK → -7 138 NOK. Equity -205.5k NOK → -212.6k NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; 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
What improved
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↑
Operating result improved
Operating result -7 513 NOK → -7 138 NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 7 512 NOK profit to a loss of 7 138 NOK. Calculated
-
↓
Equity eroded
Book equity -205.5k NOK → -212.6k NOK (equity ratio -196.4% → -203.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -203.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation