A HEIMHOLT AS: årsregnskap 2014 vs 2013
Shrank 34% on revenue
approved 2015-08-28; registry 2015-09-24; journal 2015 869736
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A HEIMHOLT AS. Revenue 5.30m NOK → 3.49m NOK (-34.2%). Equity -386.1k NOK → -849.3k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A HEIMHOLT AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.54× → 384.04×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.30m NOK to 3.49m NOK (-34.2% YoY). Calculated
-
↓
Equity eroded
Book equity -386.1k NOK → -849.3k NOK (equity ratio -71.3% → -145.8%). Calculated
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↓
Cash fell
Bank deposits 27.1k NOK → 16.8k NOK (-38.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.45m NOK → 1.58m NOK (27% → 45% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -145.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 3.41m NOK → 1.85m NOK (-45.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 32.6k NOK → 21.7k NOK. Reported fact