A38 INVEST AS: årsregnskap 2014 vs 2013
Weaker earnings, cash halved-plus
approved 2015-06-30; registry 2015-09-09; journal 2015 811902
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A38 INVEST AS. Net result +4.53m NOK → +643.4k NOK. Equity 3.02m NOK → 3.67m NOK.
On the constructive side: equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A38 INVEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.02m NOK → 3.67m NOK (equity ratio 98.0% → 98.7%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +4.53m NOK → +643.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 1.70m NOK → 422.2k NOK (-75.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.70m NOK → 422.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 184.5k NOK → 92.2k NOK. Reported fact