AIRMASTER NORGE AS: årsregnskap 2015 vs 2014
Grew 216614% on revenue
approved 2016-06-30; registry 2016-09-13; journal 2016 938529
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AIRMASTER NORGE AS. Revenue 10.4k NOK → 22.46m NOK (+216613.9%). Equity -1.03m NOK → -1.33m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AIRMASTER NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.4k NOK to 22.46m NOK (+216613.9% YoY). Calculated
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↑
Operating result improved
Operating result -999.2k NOK → -179.2k NOK (op. margin -9641.6% → -0.8%). Calculated
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↑
Cash rose
Bank deposits 3 112 NOK → 79.0k NOK (+2438.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -1.03m NOK → -1.33m NOK (equity ratio -23.3% → -34.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 810.80× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -34.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 9 180 NOK → 19.31m NOK (+210256.3% YoY). Calculated