Org.nr 945 925 892 2013 → 2014 Year-over-year analysis

A/S Sigba Eiendom: årsregnskap 2014 vs 2013

Grew 6% on revenue, cash halved-plus

approved 2015-06-09; registry 2015-06-27; journal 2015 525913

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A/S Sigba Eiendom. Revenue 10.87m NOK → 11.56m NOK (+6.3%). Equity 15.26m NOK → 18.98m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A/S Sigba Eiendom.

At a glance

Revenue

10.87m NOK 11.56m NOK

+6.3%

Equity

15.26m NOK 18.98m NOK

+24.4%

Cash

8.05m NOK 3.58m NOK

-55.6%

Total assets

62.89m NOK 71.49m NOK

+13.7%

↑
Revenue rose

Operating income / revenue moved from 10.87m NOK to 11.56m NOK (+6.3% YoY). Calculated
↑
Equity strengthened

Book equity 15.26m NOK → 18.98m NOK (equity ratio 24.3% → 26.5%). Calculated

↓
Cash fell

Bank deposits 8.05m NOK → 3.58m NOK (-55.6% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.62× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 1.56m NOK → 1.80m NOK (14% → 16% of revenue). Calculated
·
Book investments changed

Investment / intangible book value 675.0k NOK → 625.0k NOK. Reported fact