AD MEN AS: årsregnskap 2014 vs 2013
Shrank 17% on revenue, cash halved-plus
approved 2015-02-27; registry 2015-05-13; journal 2015 393333
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AD MEN AS. Revenue 592.2k NOK → 490.5k NOK (-17.2%). Equity 106.3k NOK → 18.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AD MEN AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.50m NOK → 3.44m NOK (591% → 701% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 592.2k NOK to 490.5k NOK (-17.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -2 757 NOK → -17.5k NOK (op. margin -0.5% → -3.6%). Calculated
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↓
Equity eroded
Book equity 106.3k NOK → 18.8k NOK (equity ratio 47.0% → 15.7%). Calculated
-
↓
Cash fell
Bank deposits 177.0k NOK → 77.3k NOK (-56.3% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 500 NOK → 700.5k NOK (+140000.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation