A3T INVEST AS: årsregnskap 2014 vs 2013
Shrank 66% on revenue, stronger earnings
approved 2015-06-30; registry 2015-07-27; journal 2015 651235
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A3T INVEST AS. Revenue 378.3k NOK → 130.0k NOK (-65.6%). Net result +8 958 NOK → +64.7k NOK. Equity 1.01m NOK → 946.0k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A3T INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +8 958 NOK → +64.7k NOK (net margin 2.4% → 49.8%). Calculated
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Payroll decreased
Salary cost 29.2k NOK → 5 556 NOK (8% → 4% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 378.3k NOK to 130.0k NOK (-65.6% YoY). Calculated
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↓
Equity eroded
Book equity 1.01m NOK → 946.0k NOK (equity ratio 72.8% → 78.1%). Calculated
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↓
Cash fell
Bank deposits 71.0k NOK → 35.6k NOK (-49.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.22m NOK → 700.0k NOK. Reported fact