FirmaIQ
Org.nr 965 920 358 2013 → 2014 Year-over-year analysis

NORWEGIAN AIR SHUTTLE ASA: årsregnskap 2014 vs 2013

Grew 14% on revenue, slipped into loss

approved 2015-03-25; registry 2015-09-14; journal 2015 807898

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for NORWEGIAN AIR SHUTTLE ASA. Revenue 15.06bn NOK → 17.23bn NOK (+14.4%). Net result +635.10m NOK → -905.8k NOK. Equity 3.04bn NOK → 2.15bn NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
15.06bn NOK 17.23bn NOK
+14.4%
Operating result
+969.7k NOK -1.41m NOK
-245.5%
Net result
+635.10m NOK -905.8k NOK
-100.1%
Equity
3.04bn NOK 2.15bn NOK
-29.4%
Cash
1.95bn NOK 1.77bn NOK
-9.0%
Total assets
15.49bn NOK 17.25bn NOK
+11.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.06bn NOK to 17.23bn NOK (+14.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.17bn NOK → 1.18bn NOK (+14.48m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +969.7k NOK → -1.41m NOK (op. margin 0.0% → -0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 635.10m NOK profit to a loss of 905.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.04bn NOK → 2.15bn NOK (equity ratio 19.6% → 12.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.95bn NOK → 1.77bn NOK (-9.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7.86m NOK → 8.85bn NOK. Reported fact