Org.nr 986 386 092 2013 → 2014 Year-over-year analysis

AIRCONTACT GROUP AS: årsregnskap 2014 vs 2013

Grew 3672% on revenue

approved 2015-05-25; registry 2015-08-24; journal 2015 736836

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AIRCONTACT GROUP AS. Revenue 488.23m NOK → 18.42bn NOK (+3672.4%). Net result +30.52m NOK → +28.63m NOK. Equity 12 NOK → 180.52m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRCONTACT GROUP AS.

Scorecard

Revenue
488.23m NOK 18.42bn NOK
+3672.4%
Operating result
-9.93m NOK -3.79m NOK
+61.8%
Net result
+30.52m NOK +28.63m NOK
-6.2%
Equity
12 NOK 180.52m NOK
+1504325808.3%
Cash
26.78m NOK 52.51m NOK
+96.1%
Total assets
247.30m NOK 264.97m NOK
+7.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 488.23m NOK to 18.42bn NOK (+3672.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -9.93m NOK → -3.79m NOK (op. margin -2.0% → -0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 12 NOK → 180.52m NOK (equity ratio 0.0% → 68.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 26.78m NOK → 52.51m NOK (+96.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.27bn NOK → 4.23bn NOK (875% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +30.52m NOK → +28.63m NOK (net margin 6.3% → 0.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 52.14m NOK → 46.82m NOK (-10.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8.80m NOK → 8 799 NOK. Reported fact