ADRIATIC + AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-05-05; registry 2015-08-17; journal 2015 715689
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADRIATIC + AS. Revenue 0 NOK → 2.00m NOK. Equity -81.3k NOK → -358.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADRIATIC + AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 2.00m NOK. Calculated
-
↑
Cash rose
Bank deposits 19.7k NOK → 47.8k NOK (+143.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -81.3k NOK → -358.7k NOK (equity ratio -21.5% → -61.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -61.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 105 NOK → 7 743 NOK. Calculated