3KT DRIFT AS: årsregnskap 2014 vs 2013
Shrank 12% on revenue, cash halved-plus
approved 2015-06-29; registry 2015-08-25; journal 2015 746564
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 3KT DRIFT AS. Revenue 217.4k NOK → 191.4k NOK (-12.0%). Equity 76.4k NOK → 90.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 3KT DRIFT AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 76.4k NOK → 90.9k NOK (equity ratio 6.6% → 8.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 217.4k NOK to 191.4k NOK (-12.0% YoY). Calculated
-
↓
Cash fell
Bank deposits 39.1k NOK → 17.1k NOK (-56.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 19.47× → -32.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 112.0k NOK → 120 NOK — check capital reduction, conversion, or reclassification. Interpretation