FirmaIQ
Org.nr 977 298 865 2013 → 2014 Year-over-year analysis

AIR TRADE SUPPORT AS: årsregnskap 2014 vs 2013

Shrank 24% on revenue, returned to profit

approved 2015-05-18; registry 2015-06-20; journal 2015 493272

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AIR TRADE SUPPORT AS. Revenue 28.03m NOK → 21.26m NOK (-24.1%). Net result -56.8k NOK → +705.0k NOK. Equity 352.6k NOK → 470.6k NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
28.03m NOK 21.26m NOK
-24.1%
Net result
-56.8k NOK +705.0k NOK
+1340.2%
Equity
352.6k NOK 470.6k NOK
+33.5%
Cash
782.2k NOK 648.5k NOK
-17.1%
Total assets
6.13m NOK 4.35m NOK
-29.0%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 56.8k NOK to a profit of 705.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 352.6k NOK → 470.6k NOK (equity ratio 5.8% → 10.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 28.03m NOK to 21.26m NOK (-24.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 782.2k NOK → 648.5k NOK (-17.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.48m NOK → 2.60m NOK (9% → 12% of revenue). Calculated