FirmaIQ
Org.nr 994 469 800 2014 → 2015 Year-over-year analysis

ADAPTA AVIATION AS: årsregnskap 2015 vs 2014

Shrank 34% on revenue, stronger earnings

approved 2016-06-16; registry 2016-08-01; journal 2016 767696

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADAPTA AVIATION AS. Revenue 639.3k NOK → 422.2k NOK (-34.0%). Net result -346.1k NOK → -196.3k NOK. Equity -609.5k NOK → -805.7k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADAPTA AVIATION AS.

At a glance

Scorecard

Revenue
639.3k NOK 422.2k NOK
-34.0%
Operating result
-141.4k NOK +2 015 NOK
+101.4%
Net result
-346.1k NOK -196.3k NOK
+43.3%
Equity
-609.5k NOK -805.7k NOK
-32.2%
Cash
3 949 NOK 13.5k NOK
+242.5%
Total assets
7.31m NOK 7.52m NOK
+2.9%

What improved

  • ↑

    Operating result improved

    Operating result -141.4k NOK → +2 015 NOK (op. margin -22.1% → 0.5%). Calculated

  • ↑

    Net result improved

    Net result -346.1k NOK → -196.3k NOK (net margin -54.1% → -46.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3 949 NOK → 13.5k NOK (+242.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 639.3k NOK to 422.2k NOK (-34.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -609.5k NOK → -805.7k NOK (equity ratio -8.3% → -10.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -10.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 776.2k NOK → 408.8k NOK (-47.3% YoY). Calculated