Org.nr 997 869 621 2012 → 2013 Year-over-year analysis

AIR ENERGI NORWAY AS: årsregnskap 2013 vs 2012

Grew 1299% on revenue

approved 2014-06-30; registry 2014-09-13; journal 2014 835983

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for AIR ENERGI NORWAY AS. Revenue 113 NOK → 1 581 NOK (+1299.1%). Equity -709.1k NOK → -2.45m NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AIR ENERGI NORWAY AS.

Scorecard

Revenue
113 NOK 1 581 NOK
+1299.1%
Operating result
n/m -1.78m NOK
—
Equity
-709.1k NOK -2.45m NOK
-245.3%
Cash
n/m 84.6k NOK
—
Total assets
0 NOK 1.51m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 113 NOK to 1 581 NOK (+1299.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -709.1k NOK → -2.45m NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -162.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 460 NOK → 2.48m NOK (1292% → 156552% of revenue). Calculated