3 F MANAGEMENT AS: årsregnskap 2014 vs 2013
Shrank 71% on revenue, slipped into loss
approved 2015-06-30; registry 2015-09-12; journal 2015 822554
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 3 F MANAGEMENT AS. Revenue 3.22m NOK → 935.6k NOK (-70.9%). Net result +1.19m NOK → -271.0k NOK. Equity 7.15m NOK → 6.18m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 4.83m NOK → 2.73m NOK (150% → 292% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.22m NOK to 935.6k NOK (-70.9% YoY). Calculated
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↓
Operating result weakened
Operating result +1.56m NOK → -399.9k NOK (op. margin 48.4% → -42.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 1.19m NOK profit to a loss of 271.0k NOK. Calculated
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↓
Equity eroded
Book equity 7.15m NOK → 6.18m NOK (equity ratio 68.8% → 68.4%). Calculated
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↓
Cash fell
Bank deposits 4.90m NOK → 4.28m NOK (-12.8% YoY). Calculated