AIRBUS DEFENCE AND SPACE AS: årsregnskap 2013 vs 2012
Shrank 8% on revenue, stronger earnings
approved 2014-06-10; registry 2014-07-08; journal 2014 551596
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AIRBUS DEFENCE AND SPACE AS. Revenue 427.53m NOK → 391.70m NOK (-8.4%). Net result +1.20bn NOK → +1.47bn NOK. Equity 59.75m NOK → 35.94m NOK.
On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRBUS DEFENCE AND SPACE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +1.20bn NOK → +1.47bn NOK (net margin 280.0% → 374.0%). Calculated
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↑
Cash rose
Bank deposits 0 NOK → 72.8k NOK (None YoY). Calculated
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↑
Payroll decreased
Salary cost 99.19m NOK → 78.09m NOK (23% → 20% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 427.53m NOK to 391.70m NOK (-8.4% YoY). Calculated
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↓
Equity eroded
Book equity 59.75m NOK → 35.94m NOK (equity ratio 23.7% → 19.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 239.06m NOK → 199.64m NOK (-16.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 141.0k NOK → 864.00m NOK. Reported fact