A/S Rep-Rek: årsregnskap 2014 vs 2013
Shrank 69% on revenue, stronger earnings
approved 2015-03-16; registry 2015-09-26; journal 2015 883183
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A/S Rep-Rek. Revenue 42.00m NOK → 13.00m NOK (-69.0%). Net result +533.3k NOK → +938.4k NOK. Equity 706.1k NOK → 971.5k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Rep-Rek.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +533.3k NOK → +938.4k NOK (net margin 1.3% → 7.2%). Calculated
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↑
Equity strengthened
Book equity 706.1k NOK → 971.5k NOK (equity ratio 18.8% → 23.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 42.00m NOK to 13.00m NOK (-69.0% YoY). Calculated
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↓
Operating result weakened
Operating result +773.9k NOK → +321.9k NOK (op. margin 1.8% → 2.5%). Calculated
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↓
Cash fell
Bank deposits 742.1k NOK → 583.1k NOK (-21.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 013 NOK → 5.01m NOK (0% → 39% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 2.40m NOK → 2.95m NOK (+23.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 3 000 NOK. Reported fact