1550 TAURO AS: årsregnskap 2014 vs 2013
Another loss-making year
approved 2015-06-30; registry 2015-09-26; journal 2015 879465
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 1550 TAURO AS. Revenue 264.9k NOK → 255.0k NOK (-3.7%). Net result -462.0k NOK → -445.7k NOK. Equity -1.08m NOK → -1.53m NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1550 TAURO AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result 0 NOK → +164.5k NOK (op. margin 0.0% → 64.5%). Calculated
-
↑
Cash rose
Bank deposits 41.5k NOK → 56.0k NOK (+35.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.79× → 1.27×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 264.9k NOK to 255.0k NOK (-3.7% YoY). Calculated
-
↓
Equity eroded
Book equity -1.08m NOK → -1.53m NOK (equity ratio -19.8% → -26.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -26.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation