AIRPROSJEKT AS: årsregnskap 2014 vs 2013
Shrank 22% on revenue
approved 2015-06-28; registry 2015-07-23; journal 2015 633390
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIRPROSJEKT AS. Revenue 3.26m NOK → 2.54m NOK (-22.1%). Equity 2.16m NOK → 1.99m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRPROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.69× → 2.04×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.26m NOK to 2.54m NOK (-22.1% YoY). Calculated
-
↓
Equity eroded
Book equity 2.16m NOK → 1.99m NOK (equity ratio 9.2% → 8.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.57m NOK → 3.51m NOK. Reported fact