AIRBUS DEFENCE AND SPACE AS: årsregnskap 2014 vs 2013
Shrank 100% on revenue, slipped into loss
approved 2015-03-20; registry 2015-07-21; journal 2015 616415
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIRBUS DEFENCE AND SPACE AS. Revenue 391.70m NOK → 397.7k NOK (-99.9%). Net result +1.47bn NOK → -2.08m NOK. Equity 35.94m NOK → 30.74m NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; fell into a net loss; 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
-
↑
Operating result improved
Operating result -48.19m NOK → -30.32m NOK (op. margin -12.3% → -7624.8%). Calculated
-
↑
Cash rose
Bank deposits 72.8k NOK → 77.33m NOK (+106189.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 391.70m NOK to 397.7k NOK (-99.9% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 1.47bn NOK profit to a loss of 2.08m NOK. Calculated
-
↓
Equity eroded
Book equity 35.94m NOK → 30.74m NOK (equity ratio 19.5% → 15193.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.84× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 199.64m NOK → 201.5k NOK (-99.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 864.00m NOK → 17.77m NOK. Reported fact