Org.nr 993 092 045 2013 → 2014 Year-over-year analysis

AIRTHINGS AS: årsregnskap 2014 vs 2013

Grew 44% on revenue, stronger earnings, fresh owner capital

approved 2015-04-30; registry 2015-07-20; journal 2015 611147

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AIRTHINGS AS. Revenue 10.53m NOK → 15.21m NOK (+44.4%). Net result +2 101 NOK → +2.19m NOK. Equity 3.28m NOK → 5.98m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIRTHINGS AS.

Scorecard

Revenue
10.53m NOK 15.21m NOK
+44.4%
Operating result
+2 100 NOK +2.13m NOK
+101288.9%
Net result
+2 101 NOK +2.19m NOK
+104271.1%
Equity
3.28m NOK 5.98m NOK
+82.0%
Cash
139.6k NOK 3.10m NOK
+2120.9%
Total assets
4.84m NOK 7.59m NOK
+56.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.53m NOK to 15.21m NOK (+44.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2 100 NOK → +2.13m NOK (op. margin 0.0% → 14.0%). Calculated

  • ↑

    Net result improved

    Net result +2 101 NOK → +2.19m NOK (net margin 0.0% → 14.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.28m NOK → 5.98m NOK (equity ratio 67.8% → 78.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 139.6k NOK → 3.10m NOK (+2120.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.74m NOK → 5.89m NOK (+114.8% YoY). Calculated