A MARINE AS: årsregnskap 2014 vs 2013
Grew 18% on revenue, cash halved-plus
approved 2015-06-13; registry 2015-06-30; journal 2015 535343
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A MARINE AS. Revenue 173.2k NOK → 204.0k NOK (+17.8%). Equity -466.4k NOK → -419.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A MARINE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 173.2k NOK to 204.0k NOK (+17.8% YoY). Calculated
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↑
Equity strengthened
Book equity -466.4k NOK → -419.2k NOK (equity ratio -380.6% → -1329.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 115.7k NOK → 5 570 NOK (-95.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1329.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation