3T FOSSEGRENDA AS: årsregnskap 2014 vs 2013
Grew 79% on revenue, cash halved-plus, fresh owner capital
approved 2015-04-23; registry 2015-10-07; journal 2015 919938
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 3T FOSSEGRENDA AS. Revenue 492.9k NOK → 880.3k NOK (+78.6%). Equity 576.1k NOK → -2.24m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 3T FOSSEGRENDA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 492.9k NOK to 880.3k NOK (+78.6% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 2 NOK → 2.00m NOK (+2.00m NOK). Reported fact
What deteriorated
-
↓
Equity eroded
Book equity 576.1k NOK → -2.24m NOK (equity ratio 7.3% → -32.8%). Calculated
-
↓
Cash fell
Bank deposits 48.6k NOK → 22.9k NOK (-53.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 232.12× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -32.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1 381 NOK → 969.7k NOK (0% → 110% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 180.4k NOK → 122.6k NOK (-32.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 17.1k NOK → 17 NOK. Reported fact