AIRLY INVEST AS: årsregnskap 2014 vs 2013
Grew 65% on revenue, cash halved-plus
approved 2015-05-22; registry 2015-06-16; journal 2015 466246
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIRLY INVEST AS. Revenue 30.0k NOK → 49.5k NOK (+65.0%). Equity 36.4k NOK → 3 114 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRLY INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 30.0k NOK to 49.5k NOK (+65.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +11.3k NOK → -37.6k NOK (op. margin 37.8% → -76.0%). Calculated
-
↓
Equity eroded
Book equity 36.4k NOK → 3 114 NOK (equity ratio 18.2% → 1.8%). Calculated
-
↓
Cash fell
Bank deposits 1 049 NOK → 11 NOK (-99.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 198.8k NOK → 163.8k NOK. Reported fact