A-K MASKINER AS: årsregnskap 2014 vs 2013
Shrank 5% on revenue, weaker earnings
approved 2015-05-08; registry 2015-09-26; journal 2015 883627
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A-K MASKINER AS. Revenue 1.33bn NOK → 1.26bn NOK (-5.2%). Net result -13.98m NOK → -63.06m NOK. Equity 145.63m NOK → 82.57m NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A-K MASKINER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -9.49m NOK → +2 015 NOK (op. margin -0.7% → 0.0%). Calculated
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Payroll decreased
Salary cost 207.08m NOK → 188.87m NOK (16% → 15% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.33bn NOK to 1.26bn NOK (-5.2% YoY). Calculated
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↓
Net result weakened
Net result -13.98m NOK → -63.06m NOK (net margin -1.1% → -5.0%). Calculated
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↓
Equity eroded
Book equity 145.63m NOK → 82.57m NOK (equity ratio 22.6% → 13.8%). Calculated
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↓
Cash fell
Bank deposits 898.7k NOK → 620.0k NOK (-31.0% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 1.03bn NOK → 1.04bn NOK (+0.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 145.63m NOK → 82.57m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1 000 NOK → 0 NOK. Reported fact