+2 INTERIØR AS: årsregnskap 2014 vs 2013
Returned to profit, cash halved-plus
approved 2015-05-26; registry 2015-06-23; journal 2015 502075
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for +2 INTERIØR AS. Revenue 2.73m NOK → 2.65m NOK (-3.2%). Net result -148.8k NOK → +135.7k NOK. Equity -146.6k NOK → -10.9k NOK.
On the constructive side: turned profitable; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for +2 INTERIØR AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 148.8k NOK to a profit of 135.7k NOK. Calculated
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↑
Equity strengthened
Book equity -146.6k NOK → -10.9k NOK (equity ratio -28.7% → -1.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.82× → 1.06×. Calculated
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↑
Payroll decreased
Salary cost 7.70m NOK → 803.5k NOK (282% → 30% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.73m NOK to 2.65m NOK (-3.2% YoY). Calculated
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↓
Cash fell
Bank deposits 165.4k NOK → 78.7k NOK (-52.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.62m NOK → 1.25m NOK (-23.2% YoY). Calculated