4 1/2 FILM AS: årsregnskap 2014 vs 2013
Shrank 41% on revenue
approved 2015-06-30; registry 2015-09-24; journal 2015 869408
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 4 1/2 FILM AS. Revenue 9.10m NOK → 5.35m NOK (-41.2%). Equity 530.2k NOK → -2.58m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 4 1/2 FILM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 59.8k NOK → 796.0k NOK (+1230.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 6.56m NOK → 4.04m NOK (72% → 75% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.10m NOK to 5.35m NOK (-41.2% YoY). Calculated
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↓
Equity eroded
Book equity 530.2k NOK → -2.58m NOK (equity ratio 7.7% → -65.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -65.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 500.0k NOK → 900 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 469.1k NOK → 14.4k NOK (-96.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 465.3k NOK → 2 465 NOK. Reported fact