7 FJELL AS: årsregnskap 2014 vs 2013
Shrank 84% on revenue
approved 2015-02-05; registry 2015-02-16; journal 2015 306429
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 7 FJELL AS. Revenue 727.1k NOK → 115.2k NOK (-84.2%). Equity 704.3k NOK → 231.7k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7 FJELL AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 2 964 NOK → 1.84m NOK (+61992.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.01× → 3.28×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 727.1k NOK to 115.2k NOK (-84.2% YoY). Calculated
-
↓
Equity eroded
Book equity 704.3k NOK → 231.7k NOK (equity ratio 383.5% → 8.3%). Calculated
-
↓
COGS moved
COGS / varekostnad 182.8k NOK → 851.3k NOK (+365.7% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation