FirmaIQ
Org.nr 989 113 704 2012 → 2013 Year-over-year analysis

AIRSPACE HOLDING AS: årsregnskap 2013 vs 2012

Shrank 94% on revenue, weaker earnings

approved 2014-06-16; registry 2014-06-28; journal 2014 517362

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AIRSPACE HOLDING AS. Revenue 974.8k NOK → 55.0k NOK (-94.4%). Net result +5.82m NOK → +173.1k NOK. Equity 32.29m NOK → 32.27m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AIRSPACE HOLDING AS.

At a glance

Scorecard

Revenue
974.8k NOK 55.0k NOK
-94.4%
Net result
+5.82m NOK +173.1k NOK
-97.0%
Equity
32.29m NOK 32.27m NOK
-0.1%
Cash
11.22m NOK 9.77m NOK
-13.0%
Total assets
33.68m NOK 32.40m NOK
-3.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 974.8k NOK to 55.0k NOK (-94.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +5.82m NOK → +173.1k NOK (net margin 597.4% → 314.8%). Calculated

  • ↓

    Equity eroded

    Book equity 32.29m NOK → 32.27m NOK (equity ratio 95.9% → 99.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.22m NOK → 9.77m NOK (-13.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.88m NOK → 3.79m NOK — check capital reduction, conversion, or reclassification. Interpretation