2CARE HJEMMETJENESTER AS: årsregnskap 2014 vs 2013
Grew 283% on revenue, cash halved-plus, fresh owner capital
approved 2015-02-23; registry 2015-03-24; journal 2015 334560
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 2CARE HJEMMETJENESTER AS. Revenue 13.62m NOK → 52.20m NOK (+283.2%). Equity 280.5k NOK → 239.5k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 2CARE HJEMMETJENESTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.62m NOK to 52.20m NOK (+283.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 617.5k NOK (+517.5k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 280.5k NOK → 239.5k NOK (equity ratio 9.8% → 1.2%). Calculated
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↓
Cash fell
Bank deposits 984.8k NOK → 334.8k NOK (-66.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 10.84m NOK → 45.14m NOK (80% → 86% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 799.5k NOK → 444.7k NOK (-44.4% YoY). Calculated