AIRSWIFT NORGE AS: årsregnskap 2015 vs 2014
Shrank 42% on revenue, weaker earnings, fresh owner capital
approved 2016-05-26; registry 2016-07-18; journal 2016 695358
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AIRSWIFT NORGE AS. Revenue 479.83m NOK → 280.11m NOK (-41.6%). Net result +43.41m NOK → +8.66m NOK. Equity 103.33m NOK → 108.69m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRSWIFT NORGE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 103.33m NOK → 108.69m NOK (equity ratio 47.7% → 59.9%). Calculated
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↑
Cash rose
Bank deposits 26.23m NOK → 32.70m NOK (+24.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 12.2k NOK → 150.0k NOK (+137.8k NOK). Reported fact
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↑
Payroll decreased
Salary cost 3.43bn NOK → 3.26bn NOK (715% → 1163% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 479.83m NOK to 280.11m NOK (-41.6% YoY). Calculated
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↓
Operating result weakened
Operating result +21.58m NOK → +5.47m NOK (op. margin 4.5% → 2.0%). Calculated
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↓
Net result weakened
Net result +43.41m NOK → +8.66m NOK (net margin 9.0% → 3.1%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 67.54m NOK → 98.19m NOK. Reported fact