A/S LANDÅSVEIEN 5 & 7: årsregnskap 2014 vs 2013
Shrank 7% on revenue, weaker earnings, cash halved-plus
approved 2015-05-04; registry 2015-06-22; journal 2015 499905
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A/S LANDÅSVEIEN 5 & 7. Revenue 446.6k NOK → 415.0k NOK (-7.1%). Net result +50.3k NOK → +17.1k NOK. Equity 648.8k NOK → 665.8k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 648.8k NOK → 665.8k NOK (equity ratio 20.3% → 21.2%). Calculated
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↑
Payroll decreased
Salary cost 26.8k NOK → 2 014 NOK (6% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 446.6k NOK to 415.0k NOK (-7.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +180.5k NOK → +139.2k NOK (op. margin 40.4% → 33.5%). Calculated
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↓
Net result weakened
Net result +50.3k NOK → +17.1k NOK (net margin 11.3% → 4.1%). Calculated
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↓
Cash fell
Bank deposits 155.8k NOK → 76.0k NOK (-51.2% YoY). Calculated