AB TRAFIKKSENTER AS: årsregnskap 2014 vs 2013
Slipped into loss
approved 2016-04-28; registry 2016-05-21; journal 2016 451333
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AB TRAFIKKSENTER AS. Revenue 6.00m NOK → 6.03m NOK (+0.5%). Net result +156.9k NOK → -1 295 NOK. Equity -136.5k NOK → -1.43m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AB TRAFIKKSENTER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.00m NOK to 6.03m NOK (+0.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -116.4k NOK → -1.10m NOK (op. margin -1.9% → -18.3%). Calculated
-
↓
Fell into a net loss
Net result flipped from 156.9k NOK profit to a loss of 1 295 NOK. Calculated
-
↓
Equity eroded
Book equity -136.5k NOK → -1.43m NOK (equity ratio -9.9% → -74.8%). Calculated
-
↓
Cash fell
Bank deposits 361.4k NOK → 203.3k NOK (-43.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -74.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 2.82m NOK → 3.15m NOK (47% → 52% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 290.0k NOK → 33.8k NOK (-88.3% YoY). Calculated