2TEX AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-06-10; registry 2015-07-02; journal 2015 553329
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 2TEX AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +569.3k NOK → +45.8k NOK. Equity 12.37m NOK → 11.12m NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2TEX AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 607.7k NOK → 1.27m NOK (+108.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +242.7k NOK → -157.8k NOK. Calculated
-
↓
Net result weakened
Net result +569.3k NOK → +45.8k NOK. Calculated
-
↓
Equity eroded
Book equity 12.37m NOK → 11.12m NOK (equity ratio 66.8% → 64.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.85× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 57.9k NOK → 67.6k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 12.54m NOK → 15.17m NOK. Reported fact