A/S Naufgården: årsregnskap 2014 vs 2013
Grew 9% on revenue
approved 2015-06-04; registry 2015-08-26; journal 2015 749304
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A/S Naufgården. Revenue 481.9k NOK → 525.6k NOK (+9.1%). Equity -2 848 NOK → -432.2k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Naufgården.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 481.9k NOK to 525.6k NOK (+9.1% YoY). Calculated
-
↑
Payroll decreased
Salary cost 81.8k NOK → 12.8k NOK (17% → 2% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -193.9k NOK → -544.8k NOK (op. margin -40.2% → -103.7%). Calculated
-
↓
Equity eroded
Book equity -2 848 NOK → -432.2k NOK (equity ratio -0.1% → -9.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation