AIR-TECH AS: årsregnskap 2014 vs 2013
A steady year on the published lines
approved 2015-05-20; registry 2015-06-10; journal 2015 443853
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIR-TECH AS. Revenue 3.76m NOK → 3.86m NOK (+2.7%). Equity 100.0k NOK → 100.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR-TECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.76m NOK to 3.86m NOK (+2.7% YoY). Calculated
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↑
Operating result improved
Operating result +450.9k NOK → +518.1k NOK (op. margin 12.0% → 13.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 893.9k NOK → 686.7k NOK (-23.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.60m NOK → 1.63m NOK (42% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 297.0k NOK → 1.24m NOK (+316.7% YoY). Calculated