A. STENE TOMTA EIENDOM AS: årsregnskap 2014 vs 2013
Shrank 12% on revenue
approved 2015-06-30; registry 2015-09-08; journal 2015 803104
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A. STENE TOMTA EIENDOM AS. Revenue 1.47m NOK → 1.29m NOK (-11.9%). Equity 170.4k NOK → 53.7k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A. STENE TOMTA EIENDOM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.47m NOK to 1.29m NOK (-11.9% YoY). Calculated
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↓
Equity eroded
Book equity 170.4k NOK → 53.7k NOK (equity ratio 20.8% → 8.4%). Calculated
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↓
Cash fell
Bank deposits 406.3k NOK → 269.2k NOK (-33.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 573.0k NOK → 704.1k NOK (39% → 55% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 168.8k NOK → 93.0k NOK (-44.9% YoY). Calculated