AIRCRAFT ENGINEERING AS: årsregnskap 2013 vs 2012
Shrank 69% on revenue, slipped into loss, cash halved-plus
approved 2014-06-17; registry 2014-06-23; journal 2014 495563
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AIRCRAFT ENGINEERING AS. Revenue 2.81m NOK → 880.5k NOK (-68.6%). Net result +167.5k NOK → -190.6k NOK. Equity 756.3k NOK → 565.6k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.11× → 2.31×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.81m NOK to 880.5k NOK (-68.6% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 167.5k NOK profit to a loss of 190.6k NOK. Calculated
-
↓
Equity eroded
Book equity 756.3k NOK → 565.6k NOK (equity ratio 565.8% → 59.6%). Calculated
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↓
Cash fell
Bank deposits 208.8k NOK → 39.1k NOK (-81.3% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 12.27m NOK → 12.70m NOK (+3.5% YoY). Calculated