FirmaIQ
Org.nr 980 378 756 2013 → 2014 Year-over-year analysis

A HELLAND TRANSPORT AS: årsregnskap 2014 vs 2013

Shrank 32% on revenue, weaker earnings, cash halved-plus

approved 2015-10-25; registry 2015-10-27; journal 2015 947835

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A HELLAND TRANSPORT AS. Revenue 1.26m NOK → 861.3k NOK (-31.8%). Net result +160.1k NOK → +4 231 NOK. Equity -1.98m NOK → -1.98m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A HELLAND TRANSPORT AS.

At a glance

Scorecard

Revenue
1.26m NOK 861.3k NOK
-31.8%
Net result
+160.1k NOK +4 231 NOK
-97.4%
Equity
-1.98m NOK -1.98m NOK
+0.2%
Cash
41.2k NOK 15.2k NOK
-63.1%
Total assets
4.69m NOK 4.52m NOK
-3.6%

What improved

  • ↑

    Equity strengthened

    Book equity -1.98m NOK → -1.98m NOK (equity ratio -42.2% → -43.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.26m NOK to 861.3k NOK (-31.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +160.1k NOK → +4 231 NOK (net margin 12.7% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.2k NOK → 15.2k NOK (-63.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -43.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 60.5k NOK → 33.2k NOK. Reported fact