AB HAGE & GRAVESERVICE AS: årsregnskap 2014 vs 2013
Shrank 34% on revenue
approved 2015-06-29; registry 2015-07-15; journal 2015 599066
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AB HAGE & GRAVESERVICE AS. Revenue 8.51m NOK → 5.60m NOK (-34.1%). Net result +416.8k NOK → +365.5k NOK. Equity 5.33m NOK → -32.9k NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AB HAGE & GRAVESERVICE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +92 NOK → +340.0k NOK (op. margin 0.0% → 6.1%). Calculated
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↑
Cash rose
Bank deposits 301.9k NOK → 452.9k NOK (+50.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.52m NOK → 2 NOK (18% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.51m NOK to 5.60m NOK (-34.1% YoY). Calculated
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↓
Net result weakened
Net result +416.8k NOK → +365.5k NOK (net margin 4.9% → 6.5%). Calculated
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↓
Equity eroded
Book equity 5.33m NOK → -32.9k NOK (equity ratio 1237.0% → -1.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.19× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.69m NOK → 1.37m NOK (-49.1% YoY). Calculated