Org.nr 931 058 142 2013 → 2014 Year-over-year analysis

A/S Løkkegården: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-04-09; registry 2015-04-16; journal 2015 356382

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A/S Løkkegården. Revenue 4.79m NOK → 4.83m NOK (+0.8%). Equity 4.68m NOK → 4.69m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for A/S Løkkegården.

At a glance

Revenue

4.79m NOK 4.83m NOK

+0.8%

Operating result

+2.29m NOK +935.7k NOK

-59.2%

Net result

+1.72m NOK n/m

—

Equity

4.68m NOK 4.69m NOK

+0.0%

Cash

2.41m NOK 952.2k NOK

-60.6%

Total assets

8.70m NOK n/m

—

↑
Revenue rose

Operating income / revenue moved from 4.79m NOK to 4.83m NOK (+0.8% YoY). Calculated
↑
Equity strengthened

Book equity 4.68m NOK → 4.69m NOK. Calculated

↓
Operating result weakened

Operating result +2.29m NOK → +935.7k NOK (op. margin 47.9% → 19.4%). Calculated
↓
Cash fell

Bank deposits 2.41m NOK → 952.2k NOK (-60.6% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.41m NOK → 952.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Payroll increased

Salary cost 409.1k NOK → 632.5k NOK (9% → 13% of revenue). Calculated