A PEDERSEN KYSTFISKEBÅT AS: årsregnskap 2014 vs 2013
Grew 56% on revenue, cash halved-plus
approved 2015-06-11; registry 2015-10-07; journal 2015 919224
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A PEDERSEN KYSTFISKEBÅT AS. Revenue 538.5k NOK → 840.2k NOK (+56.0%). Equity -406.4k NOK → -667.1k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A PEDERSEN KYSTFISKEBÅT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 538.5k NOK to 840.2k NOK (+56.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -406.4k NOK → -667.1k NOK (equity ratio -23.2% → -46.9%). Calculated
-
↓
Cash fell
Bank deposits 38.6k NOK → 18.7k NOK (-51.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.30× → -3.89× — 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 -46.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 8 325 NOK → 17.3k NOK (+108.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value -85.0k NOK → 24.0k NOK. Reported fact