AE ELEKTRO AS: årsregnskap 2014 vs 2013
Shrank 20% on revenue, slipped into loss, cash halved-plus
approved 2015-04-22; registry 2015-05-06; journal 2015 381365
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AE ELEKTRO AS. Revenue 340.4k NOK → 273.3k NOK (-19.7%). Net result +1 593 NOK → -17.1k NOK. Equity 148.7k NOK → 131.6k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AE ELEKTRO AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 340.4k NOK to 273.3k NOK (-19.7% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 1 593 NOK profit to a loss of 17.1k NOK. Calculated
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↓
Equity eroded
Book equity 148.7k NOK → 131.6k NOK (equity ratio 79.3% → 86.8%). Calculated
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↓
Cash fell
Bank deposits 98.7k NOK → 36.5k NOK (-63.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 163.9k NOK → 131.9k NOK (-19.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 35.0k NOK → 23.0k NOK. Reported fact