Org.nr 989 797 425 2013 → 2014 Year-over-year analysis

AERIS AS: årsregnskap 2014 vs 2013

Shrank 55% on revenue

approved 2015-06-15; registry 2015-06-30; journal 2015 534487

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AERIS AS. Revenue 17.94m NOK → 8.08m NOK (-55.0%). Equity 1.46m NOK → 1.25m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AERIS AS.

At a glance

Revenue

17.94m NOK 8.08m NOK

-55.0%

Operating result

+411.1k NOK -303.5k NOK

-173.8%

Equity

1.46m NOK 1.25m NOK

-14.3%

Cash

805.3k NOK 1.01m NOK

+25.4%

Total assets

4.24m NOK 2.54m NOK

-40.1%

↓
Revenue fell

Operating income / revenue moved from 17.94m NOK to 8.08m NOK (-55.0% YoY). Calculated
↓
Operating result weakened

Operating result +411.1k NOK → -303.5k NOK (op. margin 2.3% → -3.8%). Calculated
↓
Equity eroded

Book equity 1.46m NOK → 1.25m NOK (equity ratio 34.5% → 49.4%). Calculated
↓
Payroll up without matching revenue

Salary cost 2.01m NOK → 2.06m NOK (11% → 25% of revenue). Calculated