Org.nr 989 113 704 2013 → 2014 Year-over-year analysis

AIRSPACE HOLDING AS: årsregnskap 2014 vs 2013

Grew 517% on revenue

approved 2015-06-10; registry 2015-06-27; journal 2015 525775

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AIRSPACE HOLDING AS. Revenue 55.0k NOK → 339.2k NOK (+516.6%). Equity 32.27m NOK → 31.81m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AIRSPACE HOLDING AS.

Scorecard

Revenue
55.0k NOK 339.2k NOK
+516.6%
Net result
+173.1k NOK n/m
—
Equity
32.27m NOK 31.81m NOK
-1.4%
Cash
9.77m NOK 10.28m NOK
+5.3%
Total assets
32.40m NOK 32.49m NOK
+0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 55.0k NOK to 339.2k NOK (+516.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 9.77m NOK → 10.28m NOK (+5.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 32.27m NOK → 31.81m NOK (equity ratio 99.6% → 97.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 97.7k NOK → 2.94m NOK (178% → 868% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 252.0k NOK → 17.23m NOK. Reported fact