A2 DRIFT AS: årsregnskap 2014 vs 2013
Shrank 27% on revenue, weaker earnings, cash halved-plus
approved 2015-01-22; registry 2015-09-05; journal 2015 786650
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A2 DRIFT AS. Revenue 805.4k NOK → 586.7k NOK (-27.2%). Net result +186.5k NOK → +19.5k NOK. Equity 1.81m NOK → 1.82m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.81m NOK → 1.82m NOK (equity ratio 24.9% → 26.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 805.4k NOK to 586.7k NOK (-27.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +370.9k NOK → +192.8k NOK (op. margin 46.1% → 32.9%). Calculated
-
↓
Net result weakened
Net result +186.5k NOK → +19.5k NOK (net margin 23.2% → 3.3%). Calculated
-
↓
Cash fell
Bank deposits 212.2k NOK → 45.1k NOK (-78.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.03× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated