A SVE HOLDING AS: årsregnskap 2014 vs 2013
Weaker earnings, cash halved-plus
approved 2015-05-15; registry 2015-06-17; journal 2015 470376
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A SVE HOLDING AS. Net result -69 NOK → -10.5k NOK. Equity 19.3k NOK → 8 769 NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A SVE HOLDING AS.
At a glance
Scorecard
What deteriorated
-
↓
Operating result weakened
Operating result -118 NOK → -10.6k NOK. Calculated
-
↓
Net result weakened
Net result -69 NOK → -10.5k NOK. Calculated
-
↓
Equity eroded
Book equity 19.3k NOK → 8 769 NOK (equity ratio 38.6% → 22.4%). Calculated
-
↓
Cash fell
Bank deposits 39.9k NOK → 17.5k NOK (-56.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 3 NOK → 21.7k NOK. Reported fact