67NORTH AS: årsregnskap 2014 vs 2013
Shrank 95% on revenue, slipped into loss
approved 2015-05-19; registry 2015-09-29; journal 2015 891114
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 67NORTH AS. Revenue 316.5k NOK → 15.0k NOK (-95.3%). Net result +316.5k NOK → -120.5k NOK. Equity 157.6k NOK → 37.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 9 236 NOK → 24.8k NOK (+168.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 316.5k NOK to 15.0k NOK (-95.3% YoY). Calculated
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↓
Operating result weakened
Operating result -69.0k NOK → -120.5k NOK (op. margin -21.8% → -803.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 316.5k NOK profit to a loss of 120.5k NOK. Calculated
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↓
Equity eroded
Book equity 157.6k NOK → 37.0k NOK (equity ratio 36.5% → 13.6%). Calculated