AIRCONDITION PRODUKTER AS: årsregnskap 2014 vs 2013
Shrank 81% on revenue, stronger earnings, cash halved-plus
approved 2015-09-02; registry 2015-11-05; journal 2015 951164
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIRCONDITION PRODUKTER AS. Revenue 1.36m NOK → 260.5k NOK (-80.9%). Net result -1.20m NOK → -295.2k NOK. Equity 2.21m NOK → 1.92m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRCONDITION PRODUKTER AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -1.20m NOK → -295.2k NOK (net margin -88.5% → -113.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.36m NOK to 260.5k NOK (-80.9% YoY). Calculated
-
↓
Equity eroded
Book equity 2.21m NOK → 1.92m NOK (equity ratio 70.6% → 93.0%). Calculated
-
↓
Cash fell
Bank deposits 347.9k NOK → 88.4k NOK (-74.6% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.92m NOK → 14.9k NOK (-99.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 2 188 NOK → 745.9k NOK. Reported fact