A-TECH PROFFSERVICE AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2016-07-06; registry 2016-07-12; journal 2016 750394
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A-TECH PROFFSERVICE AS. Revenue 2.22m NOK → 2.14m NOK (-3.9%). Equity -3.33m NOK → -2.76m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-TECH PROFFSERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -3.33m NOK → -2.76m NOK (equity ratio -249.5% → -264.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.22m NOK to 2.14m NOK (-3.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 124.4k NOK → 94.9k NOK (-23.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.27m NOK → 1.61m NOK (57% → 75% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 26.8k NOK → 49.8k NOK (+86.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -264.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation