ACE WELL TECHNOLOGY AS: årsregnskap 2014 vs 2013
Shrank 61% on revenue, weaker earnings, fresh owner capital
approved 2015-08-31; registry 2015-10-03; journal 2015 904527
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACE WELL TECHNOLOGY AS. Revenue 7.38m NOK → 2.89m NOK (-60.8%). Net result -72.1k NOK → -2.77m NOK. Equity -315.6k NOK → 14.99m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -315.6k NOK → 14.99m NOK (equity ratio -32.6% → 88.5%). Calculated
-
↑
Cash rose
Bank deposits 0 NOK → 12.3k NOK (None YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.48× → 7.63×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 25.32m NOK (+25.29m NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.38m NOK to 2.89m NOK (-60.8% YoY). Calculated
-
↓
Net result weakened
Net result -72.1k NOK → -2.77m NOK (net margin -1.0% → -95.6%). Calculated
-
↓
COGS moved
COGS / varekostnad 51.4k NOK → 3.02m NOK (+5786.4% YoY). Calculated