Org.nr 898 433 072 2013 → 2014 Year-over-year analysis

AERO NORWAY AS: årsregnskap 2014 vs 2013

Another loss-making year

approved 2015-05-15; registry 2015-09-03; journal 2015 783274

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AERO NORWAY AS. Revenue 747.9k NOK → 771.9k NOK (+3.2%). Equity 14.27m NOK → 4.88m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AERO NORWAY AS.

Scorecard

Revenue
747.9k NOK 771.9k NOK
+3.2%
Net result
n/m -9.39m NOK
—
Equity
14.27m NOK 4.88m NOK
-65.8%
Cash
459.8k NOK 1.04m NOK
+125.2%
Total assets
19.65m NOK 25.79m NOK
+31.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 747.9k NOK to 771.9k NOK (+3.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 459.8k NOK → 1.04m NOK (+125.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 14.27m NOK → 4.88m NOK (equity ratio 72.6% → 18.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 17.04m NOK → 4.88m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 2.17m NOK → 7.94m NOK (291% → 1029% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 12.4k NOK → 1.73m NOK (+13902.8% YoY). Calculated