ACUFRIEND AS: årsregnskap 2014 vs 2013
Grew 163% on revenue, stronger earnings, cash halved-plus
approved 2015-05-12; registry 2015-06-06; journal 2015 431026
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACUFRIEND AS. Revenue 111.4k NOK → 292.9k NOK (+163.0%). Net result +3 NOK → +373.2k NOK. Equity -4.49m NOK → -4.86m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACUFRIEND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 111.4k NOK to 292.9k NOK (+163.0% YoY). Calculated
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Operating result improved
Operating result +21 NOK → +373.45m NOK (op. margin 0.0% → 127488.7%). Calculated
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Net result improved
Net result +3 NOK → +373.2k NOK (net margin 0.0% → 127.4%). Calculated
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Owners injected capital
Paid-in equity rose 901 NOK → 901.0k NOK (+900.1k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity -4.49m NOK → -4.86m NOK (equity ratio -565.3% → -1057.7%). Calculated
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Cash fell
Bank deposits 196.9k NOK → 4 628 NOK (-97.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1057.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 157.5k NOK → 145.4k NOK (-7.7% YoY). Calculated