A EGGEN AS: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2015-06-30; registry 2015-07-16; journal 2015 602079
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A EGGEN AS. Revenue 9.97m NOK → 9.89m NOK (-0.8%). Equity 3.37m NOK → 2.88m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
9.97m NOK
9.89m NOK
-0.8%
Equity
3.37m NOK
2.88m NOK
-14.6%
Cash
941.2k NOK
370.9k NOK
-60.6%
Total assets
5.31m NOK
5.56m NOK
+4.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.97m NOK to 9.89m NOK (-0.8% YoY). Calculated
-
↓
Equity eroded
Book equity 3.37m NOK → 2.88m NOK (equity ratio 63.4% → 51.7%). Calculated
-
↓
Cash fell
Bank deposits 941.2k NOK → 370.9k NOK (-60.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.45× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.94m NOK → 2.99m NOK (29% → 30% of revenue). Calculated