Org.nr 989 113 704 2014 → 2015 Year-over-year analysis

AIRSPACE HOLDING AS: årsregnskap 2015 vs 2014

Grew 55% on revenue

approved 2016-05-28; registry 2016-06-27; journal 2016 572619

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AIRSPACE HOLDING AS. Revenue 339.2k NOK → 525.8k NOK (+55.0%). Equity 31.81m NOK → 32.26m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.

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

Scorecard

Revenue
339.2k NOK 525.8k NOK
+55.0%
Operating result
n/m -1.20m NOK
—
Net result
n/m +450.3k NOK
—
Equity
31.81m NOK 32.26m NOK
+1.4%
Cash
10.28m NOK 8.44m NOK
-17.9%
Total assets
32.49m NOK 32.57m NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 339.2k NOK to 525.8k NOK (+55.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 31.81m NOK → 32.26m NOK (equity ratio 97.9% → 99.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.94m NOK → 528.4k NOK (868% → 100% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 10.28m NOK → 8.44m NOK (-17.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 17.23m NOK → 19.57m NOK. Reported fact