Org.nr 995 555 727 2013 → 2014 Year-over-year analysis

AIRFIL AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-05-29; registry 2015-06-24; journal 2015 508489

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AIRFIL AS. Revenue 2.10m NOK → 2.03m NOK (-3.3%). Equity 160.0k NOK → 264.7k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRFIL AS.

At a glance

Revenue

2.10m NOK 2.03m NOK

-3.3%

Operating result

-26 NOK n/m

—

Net result

+431 NOK n/m

—

Equity

160.0k NOK 264.7k NOK

+65.4%

Cash

48.9k NOK 226.3k NOK

+362.7%

Total assets

560.6k NOK 713.1k NOK

+27.2%

↑
Equity strengthened

Book equity 160.0k NOK → 264.7k NOK (equity ratio 28.5% → 37.1%). Calculated
↑
Cash rose

Bank deposits 48.9k NOK → 226.3k NOK (+362.7% YoY). Calculated
↑
Payroll decreased

Salary cost 325.2k NOK → 6 414 NOK (15% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.10m NOK to 2.03m NOK (-3.3% YoY). Calculated