Org.nr 965 920 358 2012 → 2013 Year-over-year analysis

NORWEGIAN AIR SHUTTLE ASA: årsregnskap 2013 vs 2012

Grew 117001% on revenue, stronger earnings, fresh owner capital

approved 2014-03-26; registry 2014-08-19; journal 2014 676356

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for NORWEGIAN AIR SHUTTLE ASA. Revenue 12.86m NOK → 15.06bn NOK (+117000.6%). Net result +433.7k NOK → +635.10m NOK. Equity 2.39bn NOK → 3.04bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORWEGIAN AIR SHUTTLE ASA.

Scorecard

Revenue
12.86m NOK 15.06bn NOK
+117000.6%
Operating result
+385.5k NOK +969.7k NOK
+151.6%
Net result
+433.7k NOK +635.10m NOK
+146331.6%
Equity
2.39bn NOK 3.04bn NOK
+27.0%
Cash
1.69bn NOK 1.95bn NOK
+14.9%
Total assets
11.92m NOK 15.49bn NOK
+129850.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.86m NOK to 15.06bn NOK (+117000.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +385.5k NOK → +969.7k NOK (op. margin 3.0% → 0.0%). Calculated

  • ↑

    Net result improved

    Net result +433.7k NOK → +635.10m NOK (net margin 3.4% → 4.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.39bn NOK → 3.04bn NOK (equity ratio 20072.0% → 19.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.69bn NOK → 1.95bn NOK (+14.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 312.6k NOK → 7.86m NOK. Reported fact