FirmaIQ
Org.nr 997 807 693 2014 → 2015 Year-over-year analysis

AIRCONSTRUCTION AS: årsregnskap 2015 vs 2014

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2016-06-30; registry 2016-07-30; journal 2016 773896

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AIRCONSTRUCTION AS. Revenue 2 NOK → 0 NOK (-100.0%). Net result +11.62m NOK → -6.04m NOK. Equity 5.20bn NOK → 5.19bn NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
2 NOK 0 NOK
-100.0%
Operating result
-1.49m NOK -259.4k NOK
+82.6%
Net result
+11.62m NOK -6.04m NOK
-152.0%
Equity
5.20bn NOK 5.19bn NOK
-0.1%
Cash
11.44m NOK 11.4k NOK
-99.9%
Total assets
443.57m NOK 393.72m NOK
-11.2%

What improved

  • ↑

    Operating result improved

    Operating result -1.49m NOK → -259.4k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 11.62m NOK profit to a loss of 6.04m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.20bn NOK → 5.19bn NOK (equity ratio 1172.2% → 1319.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.44m NOK → 11.4k NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (11.44m NOK → 11.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 417.98m NOK → 388.88m NOK. Reported fact