Org.nr 984 735 227 2013 → 2014 Year-over-year analysis

AIBEL AS: årsregnskap 2014 vs 2013

Shrank 34% on revenue

approved 2015-02-12; registry 2015-09-12; journal 2015 823890

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AIBEL AS. Revenue 12.62bn NOK → 8.32bn NOK (-34.0%). Equity 715.41m NOK → 523.95m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

12.62bn NOK 8.32bn NOK

-34.0%

Equity

715.41m NOK 523.95m NOK

-26.8%

Cash

239.22m NOK 168.28m NOK

-29.7%

Total assets

5.85bn NOK 3.72bn NOK

-36.4%

↑
Payroll decreased

Salary cost 3.98bn NOK → 3.79bn NOK (32% → 46% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 12.62bn NOK to 8.32bn NOK (-34.0% YoY). Calculated
↓
Equity eroded

Book equity 715.41m NOK → 523.95m NOK (equity ratio 12.2% → 14.1%). Calculated
↓
Cash fell

Bank deposits 239.22m NOK → 168.28m NOK (-29.7% YoY). Calculated

·
COGS fell

COGS / varekostnad 4.00bn NOK → 2.03bn NOK (-49.3% YoY). Calculated