Org.nr 999 642 381 2013 → 2014 Year-over-year analysis

NORDIC UNMANNED ASA: årsregnskap 2014 vs 2013

Weaker earnings

approved 2015-08-28; registry 2015-10-06; journal 2015 911222

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for NORDIC UNMANNED ASA. Net result -15.7k NOK → -121.8k NOK. Equity 14.3k NOK → -107.5k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for NORDIC UNMANNED ASA.

At a glance

Revenue

n/m 493 NOK

—

Operating result

-15.9k NOK -121.8k NOK

-665.3%

Net result

-15.7k NOK -121.8k NOK

-675.6%

Equity

14.3k NOK -107.5k NOK

-852.4%

Cash

14.6k NOK 10.8k NOK

-26.3%

Total assets

14.6k NOK 34.5k NOK

+136.0%

↓
Operating result weakened

Operating result -15.9k NOK → -121.8k NOK. Calculated
↓
Net result weakened

Net result -15.7k NOK → -121.8k NOK. Calculated
↓
Equity eroded

Book equity 14.3k NOK → -107.5k NOK (equity ratio 97.9% → -312.0%). Calculated
↓
Cash fell

Bank deposits 14.6k NOK → 10.8k NOK (-26.3% YoY). Calculated

·
Thin equity buffer

Equity ratio is -312.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation