4 ROM INTERIØRDESIGN AS: årsregnskap 2014 vs 2013
Shrank 36% on revenue, stronger earnings
approved 2015-06-30; registry 2015-09-02; journal 2015 780036
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 4 ROM INTERIØRDESIGN AS. Revenue 3.12m NOK → 2.01m NOK (-35.7%). Net result +37.4k NOK → +254.9k NOK. Equity 431.6k NOK → 686.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4 ROM INTERIØRDESIGN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +66.8k NOK → +351.8k NOK (op. margin 2.1% → 17.5%). Calculated
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Net result improved
Net result +37.4k NOK → +254.9k NOK (net margin 1.2% → 12.7%). Calculated
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Equity strengthened
Book equity 431.6k NOK → 686.5k NOK (equity ratio 48.2% → 327.0%). Calculated
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Cash rose
Bank deposits 649.1k NOK → 820.2k NOK (+26.3% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.12m NOK to 2.01m NOK (-35.7% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.70× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 1.20m NOK → 1.86m NOK (39% → 93% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.17m NOK → 346.7k NOK (-70.4% YoY). Calculated