AIR BUILDING AS: årsregnskap 2014 vs 2013
Another loss-making year
approved 2015-06-25; registry 2015-07-08; journal 2015 573937
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIR BUILDING AS. Equity 30.0k NOK → 6 487 NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIR BUILDING AS.
At a glance
Scorecard
Revenue
n/m
541.3k NOK
—
Net result
n/m
-23.5k NOK
—
Equity
30.0k NOK
6 487 NOK
-78.4%
Cash
30.0k NOK
71.8k NOK
+139.3%
Total assets
30.0k NOK
134.9k NOK
+349.7%
What improved
-
↑
Cash rose
Bank deposits 30.0k NOK → 71.8k NOK (+139.3% YoY). Calculated
-
↑
Payroll decreased
Salary cost 7.46m NOK → 2 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 30.0k NOK → 6 487 NOK (equity ratio 100.0% → 4.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation