Org.nr 997 807 693 2012 → 2013 Year-over-year analysis

AIRCONSTRUCTION AS: årsregnskap 2013 vs 2012

Slipped into loss

approved 2014-05-22; registry 2014-08-23; journal 2014 692394

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for AIRCONSTRUCTION AS. Revenue 0 NOK → 308.69m NOK. Net result +15.2k NOK → -7.62m NOK. Equity 253.13m NOK → 204.03m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AIRCONSTRUCTION AS.

Scorecard

Revenue
0 NOK 308.69m NOK
—
Operating result
n/m -3.69m NOK
—
Net result
+15.2k NOK -7.62m NOK
-50367.3%
Equity
253.13m NOK 204.03m NOK
-19.4%
Cash
76.2k NOK 19.94m NOK
+26065.4%
Total assets
467.08m NOK 447.80m NOK
-4.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 308.69m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 76.2k NOK → 19.94m NOK (+26065.4% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 15.2k NOK profit to a loss of 7.62m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 253.13m NOK → 204.03m NOK (equity ratio 54.2% → 45.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.41× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 17.1k NOK → 14.12m NOK. Calculated

  • ·

    Book investments changed

    Investment / intangible book value 366.76m NOK → 405.33m NOK. Reported fact