Org.nr 977 362 105 2013 → 2014 Year-over-year analysis

A-REISER AS: årsregnskap 2014 vs 2013

Shrank 22% on revenue, cash halved-plus

approved 2015-06-23; registry 2015-07-23; journal 2015 634132

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A-REISER AS. Revenue 3.94m NOK → 3.06m NOK (-22.3%). Equity 386.6k NOK → 658.2k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-REISER AS.

At a glance

Revenue

3.94m NOK 3.06m NOK

-22.3%

Operating result

+274.1k NOK n/m

—

Equity

386.6k NOK 658.2k NOK

+70.3%

Cash

957.2k NOK 1 170 NOK

-99.9%

Total assets

959.0k NOK 250.8k NOK

-73.8%

↑
Equity strengthened

Book equity 386.6k NOK → 658.2k NOK (equity ratio 40.3% → 262.4%). Calculated
↑
Payroll decreased

Salary cost 335.7k NOK → 1 NOK (9% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.94m NOK to 3.06m NOK (-22.3% YoY). Calculated
↓
Cash fell

Bank deposits 957.2k NOK → 1 170 NOK (-99.9% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.68× → 0.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated