Org.nr 996 557 677 2013 → 2014 Year-over-year analysis

AD-FRAKT AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-05-22; registry 2015-06-11; journal 2015 452975

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AD-FRAKT AS. Revenue 8.93m NOK → 8.81m NOK (-1.3%). Equity 2.12m NOK → 2.41m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AD-FRAKT AS.

At a glance

Revenue

8.93m NOK 8.81m NOK

-1.3%

Operating result

+806.4k NOK n/m

—

Net result

+472.2k NOK n/m

—

Equity

2.12m NOK 2.41m NOK

+13.5%

Cash

5.83m NOK 721.7k NOK

-87.6%

Total assets

361.7k NOK 5.71m NOK

+1478.8%

↑
Equity strengthened

Book equity 2.12m NOK → 2.41m NOK (equity ratio 586.9% → 42.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 8.93m NOK to 8.81m NOK (-1.3% YoY). Calculated
↓
Cash fell

Bank deposits 5.83m NOK → 721.7k NOK (-87.6% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (5.83m NOK → 721.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 1.81m NOK → 1.81m NOK (-0.3% YoY). Calculated