A. Vikhagen AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-04-08; registry 2015-04-20; journal 2015 360463
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A. Vikhagen AS. Revenue 2.03m NOK → 2.04m NOK (+0.7%). Net result +113.5k NOK → +67.5k NOK. Equity 876.5k NOK → 943.9k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. Vikhagen AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.03m NOK to 2.04m NOK (+0.7% YoY). Calculated
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↑
Equity strengthened
Book equity 876.5k NOK → 943.9k NOK (equity ratio 441.8% → 72.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +160.7k NOK → +93.6k NOK (op. margin 7.9% → 4.6%). Calculated
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↓
Net result weakened
Net result +113.5k NOK → +67.5k NOK (net margin 5.6% → 3.3%). Calculated
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↓
Cash fell
Bank deposits 837.7k NOK → 476.4k NOK (-43.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.24× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 863.7k NOK → 874.6k NOK (43% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 567.2k NOK → 667.0k NOK (+17.6% YoY). Calculated