Org.nr 933 593 207 2013 → 2014 Year-over-year analysis

A/S Eiendomsutvikling: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-05-26; registry 2015-07-09; journal 2015 580633

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A/S Eiendomsutvikling. Revenue 3.33m NOK → 3.46m NOK (+4.0%). Equity 9.13m NOK → 2.12m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Eiendomsutvikling.

At a glance

Revenue

3.33m NOK 3.46m NOK

+4.0%

Operating result

+3.03m NOK n/m

—

Equity

9.13m NOK 2.12m NOK

-76.8%

Cash

345.9k NOK 974.5k NOK

+181.7%

Total assets

41.35m NOK 24.30m NOK

-41.2%

↑
Revenue rose

Operating income / revenue moved from 3.33m NOK to 3.46m NOK (+4.0% YoY). Calculated
↑
Cash rose

Bank deposits 345.9k NOK → 974.5k NOK (+181.7% YoY). Calculated

↓
Equity eroded

Book equity 9.13m NOK → 2.12m NOK (equity ratio 22.1% → 8.7%). Calculated

·
Thin equity buffer

Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation