FirmaIQ
Org.nr 976 208 277 2014 → 2015 Year-over-year analysis

AIRCRAFT ENGINEERING AS: årsregnskap 2015 vs 2014

Shrank 20% on revenue, returned to profit

approved 2016-02-22; registry 2016-03-17; journal 2016 331581

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AIRCRAFT ENGINEERING AS. Revenue 2.24m NOK → 1.79m NOK (-20.2%). Net result -42.0k NOK → +93.9k NOK. Equity 523.7k NOK → 617.6k NOK.

On the constructive side: 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 AIRCRAFT ENGINEERING AS.

At a glance

Scorecard

Revenue
2.24m NOK 1.79m NOK
-20.2%
Net result
-42.0k NOK +93.9k NOK
+323.9%
Equity
523.7k NOK 617.6k NOK
+17.9%
Cash
12.0k NOK 10.3k NOK
-14.5%
Total assets
923.4k NOK 835.0k NOK
-9.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 42.0k NOK to a profit of 93.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 523.7k NOK → 617.6k NOK (equity ratio 56.7% → 74.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.24m NOK to 1.79m NOK (-20.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 12.0k NOK → 10.3k NOK (-14.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 31.2k NOK → 30.1k NOK. Reported fact