ACCOUNTIT HYLLE14 AS: årsregnskap 2014 vs 2013
Grew 366% on revenue, returned to profit, cash halved-plus
approved 2015-06-30; registry 2015-09-07; journal 2015 800732
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACCOUNTIT HYLLE14 AS. Revenue 223.9k NOK → 1.04m NOK (+366.0%). Net result -18.1k NOK → +43.7k NOK. Equity 13.7k NOK → 57.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ACCOUNTIT HYLLE14 AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 223.9k NOK to 1.04m NOK (+366.0% YoY). Calculated
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Operating result improved
Operating result -2 419 NOK → +65.5k NOK (op. margin -1.1% → 6.3%). Calculated
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Turned profitable
Net result flipped from a loss of 18.1k NOK to a profit of 43.7k NOK. Calculated
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Equity strengthened
Book equity 13.7k NOK → 57.4k NOK (equity ratio 0.0% → 16.8%). Calculated
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Current ratio back above 1×
Current ratio 0.94× → 1.02×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 184.36m NOK → 124.9k NOK (-99.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (184.36m NOK → 124.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 15.6k NOK → 5 902 NOK (-62.2% YoY). Calculated