AIR BUILDING AS: årsregnskap 2015 vs 2014
Shrank 28% on revenue, returned to profit, cash halved-plus
approved 2016-05-30; registry 2016-06-28; journal 2016 592495
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AIR BUILDING AS. Revenue 541.3k NOK → 389.6k NOK (-28.0%). Net result -23.5k NOK → +17.0k NOK. Equity 6 487 NOK → 23.5k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 23.5k NOK to a profit of 17.0k NOK. Calculated
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↑
Equity strengthened
Book equity 6 487 NOK → 23.5k NOK (equity ratio 4.8% → 31.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 541.3k NOK to 389.6k NOK (-28.0% YoY). Calculated
-
↓
Cash fell
Bank deposits 71.8k NOK → 26.0k NOK (-63.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 230.0k NOK (0% → 59% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 23.0k NOK → 45.9k NOK (+99.2% YoY). Calculated