A BLOMSTER AS: årsregnskap 2014 vs 2013
Shrank 7% on revenue, slipped into loss, cash halved-plus
approved 2015-08-31; registry 2015-10-08; journal 2015 925373
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A BLOMSTER AS. Revenue 4.00m NOK → 3.70m NOK (-7.4%). Net result +221.3k NOK → -152.9k NOK. Equity -159.5k NOK → -312.4k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A BLOMSTER AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.00m NOK to 3.70m NOK (-7.4% YoY). Calculated
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Operating result weakened
Operating result +306.0k NOK → +136.8k NOK (op. margin 7.6% → 3.7%). Calculated
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Fell into a net loss
Net result flipped from 221.3k NOK profit to a loss of 152.9k NOK. Calculated
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Equity eroded
Book equity -159.5k NOK → -312.4k NOK (equity ratio -22.2% → -60.3%). Calculated
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Cash fell
Bank deposits 211.8k NOK → 62.6k NOK (-70.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -60.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 2.16m NOK → 1.70m NOK (-21.4% YoY). Calculated