AC/DC MARINE CONSULT AS: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2016-02-01; registry 2016-02-08; journal 2016 304754
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AC/DC MARINE CONSULT AS. Revenue 43.9k NOK → 42.9k NOK (-2.2%). Equity 35.2k NOK → 957 NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AC/DC MARINE CONSULT AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 43.9k NOK to 42.9k NOK (-2.2% YoY). Calculated
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↓
Equity eroded
Book equity 35.2k NOK → 957 NOK (equity ratio 94.6% → 3.3%). Calculated
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↓
Cash fell
Bank deposits 33.8k NOK → 4 885 NOK (-85.5% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 26.0k NOK → 17.3k NOK (-33.3% YoY). Calculated