A/S Magnus Bergsgate 6: årsregnskap 2014 vs 2013
Shrank 100% on revenue
approved 2015-05-26; registry 2015-07-30; journal 2015 671022
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A/S Magnus Bergsgate 6. Revenue 704.35bn NOK → 318.1k NOK (-100.0%). Equity 86.8k NOK → -232.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Magnus Bergsgate 6.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 106.6k NOK → 78.4k NOK (0% → 25% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 704.35bn NOK to 318.1k NOK (-100.0% YoY). Calculated
-
↓
Equity eroded
Book equity 86.8k NOK → -232.9k NOK (equity ratio 14.8% → -63.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -63.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation