FirmaIQ
Org.nr 998 332 354 2013 → 2014 Year-over-year analysis

24 RENHOLDSERVICE AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-03-27; registry 2015-04-27; journal 2015 370012

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 24 RENHOLDSERVICE AS. Revenue 3.01m NOK → 2.98m NOK (-0.8%). Net result +2 013 NOK → +2 014 NOK. Equity 361.8k NOK → 619.0k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 24 RENHOLDSERVICE AS.

At a glance

Scorecard

Revenue
3.01m NOK 2.98m NOK
-0.8%
Operating result
+969.80m NOK n/m
—
Net result
+2 013 NOK +2 014 NOK
+0.0%
Equity
361.8k NOK 619.0k NOK
+71.1%
Cash
7.88m NOK 996.5k NOK
-87.3%
Total assets
671.5k NOK 1.93m NOK
+187.2%

What improved

  • ↑

    Equity strengthened

    Book equity 361.8k NOK → 619.0k NOK (equity ratio 53.9% → 32.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.74m NOK → 3.54m NOK (224% → 119% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.01m NOK to 2.98m NOK (-0.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 7.88m NOK → 996.5k NOK (-87.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.88m NOK → 996.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation