ADLERS BILFORMIDLING AS: årsregnskap 2014 vs 2013
Shrank 21% on revenue
approved 2015-08-28; registry 2015-10-03; journal 2015 902239
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADLERS BILFORMIDLING AS. Revenue 4.19m NOK → 3.30m NOK (-21.1%). Equity 292.4k NOK → -24.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADLERS BILFORMIDLING AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.69m NOK → 1.68m NOK (40% → 51% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.19m NOK to 3.30m NOK (-21.1% YoY). Calculated
-
↓
Equity eroded
Book equity 292.4k NOK → -24.9k NOK (equity ratio 564.6% → -4.1%). Calculated
-
↓
Cash fell
Bank deposits 159.2k NOK → 98.8k NOK (-37.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.28× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 141.7k NOK → 91.7k NOK. Reported fact