A1 SECURITY AS: årsregnskap 2014 vs 2013
Shrank 34% on revenue, weaker earnings, fresh owner capital
approved 2015-06-30; registry 2015-08-01; journal 2015 672347
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A1 SECURITY AS. Revenue 6.13m NOK → 4.07m NOK (-33.7%). Net result +297.6k NOK → +1 061 NOK. Equity -592.0k NOK → 469.1k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A1 SECURITY AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -592.0k NOK → 469.1k NOK (equity ratio -135.3% → 52.3%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.45× → 1.87×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 200 NOK → 200.0k NOK (+199.8k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.13m NOK to 4.07m NOK (-33.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +337.5k NOK → +1 609 NOK (op. margin 5.5% → 0.0%). Calculated
-
↓
Net result weakened
Net result +297.6k NOK → +1 061 NOK (net margin 4.9% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 290.1k NOK → 189.1k NOK (-34.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 3625.74bn NOK (0% → 89189276% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 848.4k NOK → 589.2k NOK (-30.6% YoY). Calculated