Org.nr 921 313 721 2013 → 2014 Year-over-year analysis

A/S MERKURGÅRDEN: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-05-09; registry 2015-06-25; journal 2015 515263

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A/S MERKURGÅRDEN. Revenue 10.69m NOK → 10.16m NOK (-4.9%). Equity 9.42m NOK → 9.41m NOK.

On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S MERKURGÅRDEN.

At a glance

Revenue

10.69m NOK 10.16m NOK

-4.9%

Operating result

+349.5k NOK +647.5k NOK

+85.2%

Equity

9.42m NOK 9.41m NOK

-0.1%

Cash

4.02m NOK 5.51m NOK

+37.2%

Total assets

17.72m NOK 18.38m NOK

+3.7%

↑
Operating result improved

Operating result +349.5k NOK → +647.5k NOK (op. margin 3.3% → 6.4%). Calculated
↑
Cash rose

Bank deposits 4.02m NOK → 5.51m NOK (+37.2% YoY). Calculated
↑
Payroll decreased

Salary cost 5.67m NOK → 5.51m NOK (53% → 54% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.69m NOK to 10.16m NOK (-4.9% YoY). Calculated
↓
Equity eroded

Book equity 9.42m NOK → 9.41m NOK (equity ratio 53.2% → 51.2%). Calculated

·
Book investments changed

Investment / intangible book value 641.7k NOK → 991.7k NOK. Reported fact