A-Å ELEKTRO AS: årsregnskap 2014 vs 2013
Shrank 29% on revenue, cash halved-plus
approved 2015-06-01; registry 2015-08-08; journal 2015 689162
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A-Å ELEKTRO AS. Revenue 4.60m NOK → 3.26m NOK (-29.2%). Net result +89.6k NOK → +98.6k NOK. Equity 360.8k NOK → 459.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A-Å ELEKTRO AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +121.3k NOK → +129.3k NOK (op. margin 2.6% → 4.0%). Calculated
-
↑
Net result improved
Net result +89.6k NOK → +98.6k NOK (net margin 1.9% → 3.0%). Calculated
-
↑
Equity strengthened
Book equity 360.8k NOK → 459.5k NOK (equity ratio 50.7% → 52.5%). Calculated
-
↑
Payroll decreased
Salary cost 538.7k NOK → 5 NOK (12% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.60m NOK to 3.26m NOK (-29.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 501.04m NOK → 315.4k NOK (-99.9% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (501.04m NOK → 315.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 574.4k NOK → 264.9k NOK (-53.9% YoY). Calculated