70 GRADER N TRANSPORT AS: årsregnskap 2014 vs 2013
Grew 543% on revenue, cash halved-plus
approved 2015-06-01; registry 2015-07-30; journal 2015 665461
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 70 GRADER N TRANSPORT AS. Revenue 407.0k NOK → 2.62m NOK (+542.7%). Equity 41.2k NOK → 115.2k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 407.0k NOK to 2.62m NOK (+542.7% YoY). Calculated
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↑
Equity strengthened
Book equity 41.2k NOK → 115.2k NOK (equity ratio 16.1% → 18.3%). Calculated
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↑
Payroll decreased
Salary cost 754.9k NOK → 656.5k NOK (185% → 25% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 147.2k NOK → 61.7k NOK (-58.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.10× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated