A/S LOCO: årsregnskap 2014 vs 2013
Slipped into loss, cash halved-plus
approved 2015-06-11; registry 2015-07-01; journal 2015 544337
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A/S LOCO. Net result +4.96m NOK → -535.4k NOK. Equity 72.77m NOK → 73.66m NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: fell into a net loss; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S LOCO.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 72.77m NOK → 73.66m NOK (equity ratio 37.6% → 38.6%). Calculated
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↑
Owners injected capital
Paid-in equity rose 34.82m NOK → 36.24m NOK (+1.42m NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 4.96m NOK profit to a loss of 535.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 13.31m NOK → 3.18m NOK (-76.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (13.31m NOK → 3.18m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 95.24m NOK → 53.46m NOK. Reported fact