5B.NO AS: årsregnskap 2014 vs 2013
Shrank 41% on revenue
approved 2015-04-16; registry 2015-04-22; journal 2015 366183
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 5B.NO AS. Revenue 1.56m NOK → 920.6k NOK (-40.9%). Equity 40.9k NOK → 32.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 5B.NO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 305.6k NOK → 410.6k NOK (+34.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.56m NOK to 920.6k NOK (-40.9% YoY). Calculated
-
↓
Equity eroded
Book equity 40.9k NOK → 32.9k NOK (equity ratio 7.4% → 5.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 141.8k NOK → 68.9k NOK (-51.4% YoY). Calculated