A.J. DESIGN AS: årsregnskap 2014 vs 2013
Shrank 67% on revenue, cash halved-plus
approved 2015-06-30; registry 2015-09-16; journal 2015 841386
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A.J. DESIGN AS. Revenue 1.30m NOK → 427.0k NOK (-67.2%). Equity 942.4k NOK → 678.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.30m NOK
427.0k NOK
-67.2%
Net result
+172.6k NOK
n/m
—
Equity
942.4k NOK
678.1k NOK
-28.1%
Cash
626.8k NOK
212.8k NOK
-66.1%
Total assets
1.80m NOK
1.30m NOK
-27.9%
What improved
-
↑
Payroll decreased
Salary cost 739.9k NOK → 456.8k NOK (57% → 107% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.30m NOK to 427.0k NOK (-67.2% YoY). Calculated
-
↓
Equity eroded
Book equity 942.4k NOK → 678.1k NOK (equity ratio 52.3% → 52.2%). Calculated
-
↓
Cash fell
Bank deposits 626.8k NOK → 212.8k NOK (-66.1% YoY). Calculated