A.G TAVLESERVICE AS: årsregnskap 2014 vs 2013
Shrank 11% on revenue, weaker earnings, fresh owner capital
approved 2015-06-05; registry 2015-08-22; journal 2015 733942
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A.G TAVLESERVICE AS. Revenue 5.60m NOK → 4.99m NOK (-10.9%). Net result +294.6k NOK → +232.4k NOK. Equity 455.6k NOK → 688.0k NOK.
On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.G TAVLESERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 455.6k NOK → 688.0k NOK (equity ratio 419.0% → 47.1%). Calculated
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↑
Owners injected capital
Paid-in equity rose 455.6k NOK → 688.0k NOK (+232.4k NOK). Reported fact
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↑
Payroll decreased
Salary cost 679.2k NOK → 531.7k NOK (12% → 11% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.60m NOK to 4.99m NOK (-10.9% YoY). Calculated
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↓
Net result weakened
Net result +294.6k NOK → +232.4k NOK (net margin 5.3% → 4.7%). Calculated
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↓
Cash fell
Bank deposits 431.5k NOK → 416.6k NOK (-3.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.80× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.95m NOK → 3.45m NOK (-12.7% YoY). Calculated