Real-Life Case Study: A Flight to a Bankruptcy of Norwegian Air Shuttle

Jacek Welc ()
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Jacek Welc: SRH Berlin University of Applied Sciences

Chapter Chapter 5 in Evaluating Corporate Financial Performance, 2022, pp 257-309 from Springer

Abstract: Abstract This comprehensive case study is aimed at demonstrating an importance of a diligent retrospective and prospective financial statement analysis, in case of businesses that report fast rising revenues and seemingly impressive increases in profitability. It is not uncommon that such an allegedly improving financial performance is to a large extent attributable to some favorable but transitory (short-term) external factors, instead of real achievements and economic efficiency of a given company.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-97582-1_5

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DOI: 10.1007/978-3-030-97582-1_5

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