A OG A HOLDING AS: årsregnskap 2014 vs 2013
Stronger earnings
approved 2015-03-26; registry 2015-10-08; journal 2015 928085
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A OG A HOLDING AS. Revenue 0 NOK → 118.6k NOK. Net result +4.00m NOK → +15.87m NOK. Equity 43.6k NOK → 38.7k NOK.
On the constructive side: revenue rose; net result improved; owners injected capital. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A OG A HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 118.6k NOK. Calculated
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↑
Net result improved
Net result +4.00m NOK → +15.87m NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 40.7k NOK → 42.9k NOK (+2 259 NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 43.6k NOK → 38.7k NOK (equity ratio 0.8% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 51.4k NOK → 29.4k NOK (-42.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 727.88× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 943 NOK → 21.9k NOK. Calculated
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COGS moved
COGS / varekostnad 606 NOK → 69.2k NOK (+11317.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 1 555 NOK → 1.56m NOK. Reported fact