4HOME AS: årsregnskap 2014 vs 2013
Shrank 17% on revenue, cash halved-plus
approved 2015-06-10; registry 2015-09-05; journal 2015 794792
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 4HOME AS. Revenue 2.61m NOK → 2.16m NOK (-17.3%). Equity 243.8k NOK → 52.2k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4HOME AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.61m NOK to 2.16m NOK (-17.3% YoY). Calculated
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↓
Equity eroded
Book equity 243.8k NOK → 52.2k NOK (equity ratio 28.1% → 20.5%). Calculated
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↓
Cash fell
Bank deposits 127.2k NOK → -48.8k NOK (-138.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 289.1k NOK (0% → 13% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 125.2k NOK → 33.5k NOK (-73.2% YoY). Calculated