A3 RESSURS HOLDING AS: årsregnskap 2014 vs 2013
Shrank 10% on revenue, returned to profit
approved 2015-06-09; registry 2015-07-22; journal 2015 630554
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A3 RESSURS HOLDING AS. Revenue 21.31m NOK → 19.14m NOK (-10.2%). Net result -81.0k NOK → +172.0k NOK. Equity 4.44m NOK → 1.74m NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A3 RESSURS HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +108.3k NOK → +455.0k NOK (op. margin 0.5% → 2.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 81.0k NOK to a profit of 172.0k NOK. Calculated
-
↑
Cash rose
Bank deposits 699.0k NOK → 777.3k NOK (+11.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 10.22m NOK → 10.11m NOK (48% → 53% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 21.31m NOK to 19.14m NOK (-10.2% YoY). Calculated
-
↓
Equity eroded
Book equity 4.44m NOK → 1.74m NOK (equity ratio 32.5% → 15.8%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 5.53m NOK → 2.73m NOK (-50.6% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 6.64m NOK → 113.6k NOK. Reported fact