AEROCOM NORGE AS: årsregnskap 2015 vs 2014
Shrank 50% on revenue, cash halved-plus
approved 2016-06-06; registry 2016-06-30; journal 2016 598785
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AEROCOM NORGE AS. Revenue 11.17m NOK → 5.59m NOK (-49.9%). Equity 870.1k NOK → 184.7k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AEROCOM NORGE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 4.68m NOK → 2.12m NOK (42% → 38% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.17m NOK to 5.59m NOK (-49.9% YoY). Calculated
-
↓
Equity eroded
Book equity 870.1k NOK → 184.7k NOK (equity ratio 41.8% → 8.8%). Calculated
-
↓
Cash fell
Bank deposits 928.0k NOK → 461.3k NOK (-50.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 4.91m NOK → 1.91m NOK (-61.1% YoY). Calculated