A-GLASS AS: årsregnskap 2014 vs 2013
Shrank 25% on revenue
approved 2015-03-13; registry 2015-03-26; journal 2015 339178
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A-GLASS AS. Revenue 1.90m NOK → 1.43m NOK (-24.7%). Equity 101.9k NOK → 89.1k NOK.
On the constructive side: operating result improved; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-GLASS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -11.7k NOK → +2 014 NOK (op. margin -0.6% → 0.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 1.00× → 1.46×. Calculated
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Payroll decreased
Salary cost 876.0k NOK → 627.7k NOK (46% → 44% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.90m NOK to 1.43m NOK (-24.7% YoY). Calculated
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↓
Equity eroded
Book equity 101.9k NOK → 89.1k NOK (equity ratio 30.1% → 37.3%). Calculated
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↓
Cash fell
Bank deposits 236.1k NOK → 146.1k NOK (-38.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 592.1k NOK → 498.2k NOK (-15.9% YoY). Calculated