1T TØMRER AS: årsregnskap 2014 vs 2013
Grew 25% on revenue, slipped into loss
approved 2015-06-30; registry 2015-08-22; journal 2015 732176
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 1T TØMRER AS. Revenue 1.03m NOK → 1.29m NOK (+24.7%). Net result +27.3k NOK → -58.0k NOK. Equity 68.3k NOK → 10.3k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 1T TØMRER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.03m NOK to 1.29m NOK (+24.7% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 27.3k NOK profit to a loss of 58.0k NOK. Calculated
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↓
Equity eroded
Book equity 68.3k NOK → 10.3k NOK (equity ratio 20.5% → 2.0%). Calculated
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↓
Cash fell
Bank deposits 110.8k NOK → 107.0k NOK (-3.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.24× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 467.3k NOK → 584.0k NOK (45% → 45% of revenue). Calculated
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COGS moved
COGS / varekostnad 327.9k NOK → 523.8k NOK (+59.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 17.5k NOK → 47.8k NOK. Reported fact