AIRCRAFT ENGINEERING AS: årsregnskap 2014 vs 2013
Grew 155% on revenue, stronger earnings, cash halved-plus
approved 2015-03-30; registry 2015-04-27; journal 2015 370338
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIRCRAFT ENGINEERING AS. Revenue 880.5k NOK → 2.24m NOK (+154.9%). Net result -190.6k NOK → -42.0k NOK. Equity 565.6k NOK → 523.7k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRCRAFT ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 880.5k NOK to 2.24m NOK (+154.9% YoY). Calculated
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↑
Net result improved
Net result -190.6k NOK → -42.0k NOK (net margin -21.6% → -1.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 565.6k NOK → 523.7k NOK (equity ratio 59.6% → 56.7%). Calculated
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↓
Cash fell
Bank deposits 39.1k NOK → 12.0k NOK (-69.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 12.70m NOK → 11 NOK (-100.0% YoY). Calculated