Org.nr 965 920 358 2014 → 2015 Year-over-year analysis

NORWEGIAN AIR SHUTTLE ASA: årsregnskap 2015 vs 2014

Grew 9% on revenue, returned to profit

approved 2016-05-10; registry 2016-08-08; journal 2016 806589

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for NORWEGIAN AIR SHUTTLE ASA. Revenue 17.23bn NOK → 18.85bn NOK (+9.4%). Net result -905.8k NOK → +246.15m NOK. Equity 2.15bn NOK → 6.23bn NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

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

Scorecard

Revenue
17.23bn NOK 18.85bn NOK
+9.4%
Operating result
-1.41m NOK +347.77m NOK
+24755.5%
Net result
-905.8k NOK +246.15m NOK
+27274.9%
Equity
2.15bn NOK 6.23bn NOK
+190.1%
Cash
1.77bn NOK 1.63bn NOK
-8.0%
Total assets
17.25bn NOK 24.36bn NOK
+41.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.23bn NOK to 18.85bn NOK (+9.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.41m NOK → +347.77m NOK (op. margin -0.0% → 1.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 905.8k NOK to a profit of 246.15m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.15bn NOK → 6.23bn NOK (equity ratio 12.4% → 25.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.18bn NOK → 1.33bn NOK (+145.28m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.77bn NOK → 1.63bn NOK (-8.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8.85bn NOK → 18.49bn NOK. Reported fact