A MATRE INDUSTRITRANSPORT AS: årsregnskap 2014 vs 2013
Grew 61% on revenue, slipped into loss, cash halved-plus
approved 2015-06-10; registry 2015-07-04; journal 2015 556133
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A MATRE INDUSTRITRANSPORT AS. Revenue 11.25m NOK → 18.16m NOK (+61.4%). Net result +495.3k NOK → -940.2k NOK. Equity 2.48m NOK → 1.54m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A MATRE INDUSTRITRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.25m NOK to 18.16m NOK (+61.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +832.4k NOK → -602.3k NOK (op. margin 7.4% → -3.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 495.3k NOK profit to a loss of 940.2k NOK. Calculated
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↓
Equity eroded
Book equity 2.48m NOK → 1.54m NOK (equity ratio 30.7% → 13.3%). Calculated
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↓
Cash fell
Bank deposits 2.06m NOK → 864.9k NOK (-58.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 6.82m NOK → 12.15m NOK (61% → 67% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 7 072 NOK → 626.8k NOK (+8763.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4 800 NOK → 10.8k NOK. Reported fact