Org.nr 990 920 958 2014 → 2015 Year-over-year analysis

AIRDOME360 AS: årsregnskap 2015 vs 2014

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2016-04-01; registry 2016-04-06; journal 2016 354442

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AIRDOME360 AS. Revenue 670.0k NOK → 870 NOK (-99.9%). Net result -1.82m NOK → -268.1k NOK. Equity -7.42m NOK → -7.69m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
670.0k NOK 870 NOK
-99.9%
Operating result
-1.81m NOK -256.0k NOK
+85.9%
Net result
-1.82m NOK -268.1k NOK
+85.3%
Equity
-7.42m NOK -7.69m NOK
-3.6%
Cash
164.0k NOK 18.2k NOK
-88.9%
Total assets
919.5k NOK 36.4k NOK
-96.0%

What improved

  • ↑

    Operating result improved

    Operating result -1.81m NOK → -256.0k NOK (op. margin -270.8% → -29430.5%). Calculated

  • ↑

    Net result improved

    Net result -1.82m NOK → -268.1k NOK (net margin -271.8% → -30817.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 670.0k NOK to 870 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -7.42m NOK → -7.69m NOK (equity ratio -807.3% → -21149.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 164.0k NOK → 18.2k NOK (-88.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -21149.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 265.5k NOK → 197.6k NOK (-25.6% YoY). Calculated