Org.nr 962 367 593 2013 → 2014 Year-over-year analysis

AB ELEKTRISK AS: årsregnskap 2014 vs 2013

Grew 11% on revenue

approved 2015-09-02; registry 2015-10-07; journal 2015 919320

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AB ELEKTRISK AS. Revenue 4.85m NOK → 5.39m NOK (+11.1%). Equity 622.7k NOK → 593.3k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB ELEKTRISK AS.

At a glance

Revenue

4.85m NOK 5.39m NOK

+11.1%

Operating result

+28.1k NOK n/m

—

Net result

n/m -29.4k NOK

—

Equity

622.7k NOK 593.3k NOK

-4.7%

Cash

393.0k NOK 323.7k NOK

-17.6%

Total assets

2.94m NOK 3.09m NOK

+5.0%

↑
Revenue rose

Operating income / revenue moved from 4.85m NOK to 5.39m NOK (+11.1% YoY). Calculated

↓
Equity eroded

Book equity 622.7k NOK → 593.3k NOK (equity ratio 21.2% → 19.2%). Calculated
↓
Cash fell

Bank deposits 393.0k NOK → 323.7k NOK (-17.6% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.34× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 2.33m NOK → 2.44m NOK (48% → 45% of revenue). Calculated
·
COGS moved

COGS / varekostnad 1.24m NOK → 1.70m NOK (+37.1% YoY). Calculated