3B HYTTESERVICE AS: årsregnskap 2014 vs 2013
Grew 535% on revenue, stronger earnings
approved 2015-06-30; registry 2015-10-06; journal 2015 911912
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 3B HYTTESERVICE AS. Revenue 51.6k NOK → 327.5k NOK (+534.6%). Net result -29.8k NOK → -1 951 NOK. Equity -8 539 NOK → -9 639 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3B HYTTESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 51.6k NOK to 327.5k NOK (+534.6% YoY). Calculated
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↑
Operating result improved
Operating result -41.9k NOK → -2 473 NOK (op. margin -81.2% → -0.8%). Calculated
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↑
Net result improved
Net result -29.8k NOK → -1 951 NOK (net margin -57.7% → -0.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -8 539 NOK → -9 639 NOK (equity ratio -17.9% → -20.7%). Calculated
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↓
Cash fell
Bank deposits 35.4k NOK → 32.8k NOK (-7.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -20.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation