A.K.WALLØE EIENDOM AS: årsregnskap 2014 vs 2013
Shrank 100% on revenue, cash halved-plus
approved 2015-06-30; registry 2015-09-30; journal 2015 892902
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A.K.WALLØE EIENDOM AS. Revenue 109.0k NOK → 120 NOK (-99.9%). Equity 2.11m NOK → 1.99m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A.K.WALLØE EIENDOM AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 109.0k NOK to 120 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 2.11m NOK → 1.99m NOK (equity ratio 21.9% → 24.0%). Calculated
-
↓
Cash fell
Bank deposits 1.56m NOK → 172.0k NOK (-89.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 5.72× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.56m NOK → 172.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation