Org.nr 985 465 738 2013 → 2014 Year-over-year analysis

A'HEAD EXECUTIVE AS: årsregnskap 2014 vs 2013

Shrank 33% on revenue

approved 2015-03-12; registry 2015-06-24; journal 2015 508377

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A'HEAD EXECUTIVE AS. Revenue 8.63m NOK → 5.80m NOK (-32.8%). Equity 980.2k NOK → 216.1k NOK.

Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A'HEAD EXECUTIVE AS.

At a glance

Revenue

8.63m NOK 5.80m NOK

-32.8%

Net result

+1.88m NOK n/m

—

Equity

980.2k NOK 216.1k NOK

-78.0%

Cash

n/m 1.78m NOK

—

Total assets

6.10m NOK 3.62m NOK

-40.8%

↓
Revenue fell

Operating income / revenue moved from 8.63m NOK to 5.80m NOK (-32.8% YoY). Calculated
↓
Equity eroded

Book equity 980.2k NOK → 216.1k NOK (equity ratio 16.1% → 6.0%). Calculated
↓
Payroll up without matching revenue

Salary cost 2 013 NOK → 2.66m NOK (0% → 46% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation