Org.nr 990 920 958 2013 → 2014 Year-over-year analysis

AIRDOME360 AS: årsregnskap 2014 vs 2013

Slipped into loss

approved 2015-06-30; registry 2015-08-27; journal 2015 754692

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AIRDOME360 AS. Revenue 0 NOK → 670.0k NOK. Net result +591.1k NOK → -1.82m NOK. Equity -5.60m NOK → -7.42m NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIRDOME360 AS.

Scorecard

Revenue
0 NOK 670.0k NOK
—
Operating result
-519.8k NOK -1.81m NOK
-249.0%
Net result
+591.1k NOK -1.82m NOK
-408.0%
Equity
-5.60m NOK -7.42m NOK
-32.5%
Cash
10.5k NOK 164.0k NOK
+1461.4%
Total assets
893.7k NOK 919.5k NOK
+2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 670.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 10.5k NOK → 164.0k NOK (+1461.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -519.8k NOK → -1.81m NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 591.1k NOK profit to a loss of 1.82m NOK. Calculated

  • ↓

    Equity eroded

    Book equity -5.60m NOK → -7.42m NOK (equity ratio -626.8% → -807.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -807.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 281.0k NOK → 265.5k NOK (-5.5% YoY). Calculated