FirmaIQ
Org.nr 993 092 045 2014 → 2015 Year-over-year analysis

AIRTHINGS AS: årsregnskap 2015 vs 2014

Grew 15% on revenue, weaker earnings, fresh owner capital

approved 2016-04-28; registry 2016-06-29; journal 2016 590199

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AIRTHINGS AS. Revenue 15.21m NOK → 17.52m NOK (+15.1%). Net result +2.19m NOK → +1.53m NOK. Equity 5.98m NOK → 17.50m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
15.21m NOK 17.52m NOK
+15.1%
Operating result
+2.13m NOK +1.65m NOK
-22.4%
Net result
+2.19m NOK +1.53m NOK
-30.3%
Equity
5.98m NOK 17.50m NOK
+192.9%
Cash
3.10m NOK 15.66m NOK
+404.9%
Total assets
7.59m NOK 20.71m NOK
+172.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.21m NOK to 17.52m NOK (+15.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.98m NOK → 17.50m NOK (equity ratio 78.7% → 84.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.10m NOK → 15.66m NOK (+404.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.60m NOK → 11.60m NOK (+10.00m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.13m NOK → +1.65m NOK (op. margin 14.0% → 9.4%). Calculated

  • ↓

    Net result weakened

    Net result +2.19m NOK → +1.53m NOK (net margin 14.4% → 8.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.89m NOK → 6.76m NOK (+14.7% YoY). Calculated