FirmaIQ
Org.nr 997 807 693 2013 → 2014 Year-over-year analysis

AIRCONSTRUCTION AS: årsregnskap 2014 vs 2013

Shrank 100% on revenue, returned to profit

approved 2015-06-05; registry 2015-08-31; journal 2015 748762

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AIRCONSTRUCTION AS. Revenue 308.69m NOK → 2 NOK (-100.0%). Net result -7.62m NOK → +11.62m NOK. Equity 204.03m NOK → 5.20bn NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

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

At a glance

Scorecard

Revenue
308.69m NOK 2 NOK
-100.0%
Operating result
-3.69m NOK -1.49m NOK
+59.7%
Net result
-7.62m NOK +11.62m NOK
+252.5%
Equity
204.03m NOK 5.20bn NOK
+2448.4%
Cash
19.94m NOK 11.44m NOK
-42.6%
Total assets
447.80m NOK 443.57m NOK
-0.9%

What improved

  • ↑

    Operating result improved

    Operating result -3.69m NOK → -1.49m NOK (op. margin -1.2% → -74380850.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 7.62m NOK to a profit of 11.62m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 204.03m NOK → 5.20bn NOK (equity ratio 45.6% → 1172.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 14.12m NOK → 1 026 NOK (5% → 51300% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 308.69m NOK to 2 NOK (-100.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 19.94m NOK → 11.44m NOK (-42.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 405.33m NOK → 417.98m NOK. Reported fact