AIRCONDITION PRODUKTER AS: årsregnskap 2015 vs 2014
Shrank 74% on revenue, returned to profit
approved 2017-11-01; registry 2017-11-06; journal 2017 894113
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AIRCONDITION PRODUKTER AS. Revenue 260.5k NOK → 68.7k NOK (-73.6%). Net result -295.2k NOK → +414.4k NOK. Equity 1.92m NOK → 2.33m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCONDITION PRODUKTER AS.
At a glance
Scorecard
What improved
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Turned profitable
Net result flipped from a loss of 295.2k NOK to a profit of 414.4k NOK. Calculated
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↑
Equity strengthened
Book equity 1.92m NOK → 2.33m NOK (equity ratio 93.0% → 101.2%). Calculated
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Cash rose
Bank deposits 88.4k NOK → 156.5k NOK (+77.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 260.5k NOK to 68.7k NOK (-73.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.13× → -5.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost -34.3k NOK → -9 946 NOK (-13% → -14% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 745.9k NOK → 208.3k NOK. Reported fact