AIR ENERGI NORWAY AS: årsregnskap 2015 vs 2014
Shrank 98% on revenue, returned to profit
approved 2016-09-28; registry 2016-12-06; journal 2016 972820
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AIR ENERGI NORWAY AS. Revenue 22.56m NOK → 449.1k NOK (-98.0%). Net result -480.7k NOK → +394.1k NOK. Equity -2.93m NOK → -2.54m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -418.4k NOK → +543.5k NOK (op. margin -1.9% → 121.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 480.7k NOK to a profit of 394.1k NOK. Calculated
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↑
Equity strengthened
Book equity -2.93m NOK → -2.54m NOK (equity ratio -29.1% → -21.4%). Calculated
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↑
Cash rose
Bank deposits 2.74m NOK → 8.72m NOK (+218.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.45m NOK → 2.57m NOK (15% → 573% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 22.56m NOK to 449.1k NOK (-98.0% YoY). Calculated