AEKO INGIERVEIEN AS: årsregnskap 2014 vs 2013
A steady year on the published lines
approved 2015-06-30; registry 2015-09-12; journal 2015 822280
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AEKO INGIERVEIEN AS. Revenue 3.27m NOK → 3.31m NOK (+1.3%). Net result +2.04m NOK → +1.66m NOK. Equity 9.10m NOK → 1.76m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AEKO INGIERVEIEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.27m NOK to 3.31m NOK (+1.3% YoY). Calculated
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↑
Cash rose
Bank deposits 6.10m NOK → 9.38m NOK (+53.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +2.63m NOK → +2.42m NOK (op. margin 80.3% → 72.9%). Calculated
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↓
Net result weakened
Net result +2.04m NOK → +1.66m NOK (net margin 62.5% → 50.0%). Calculated
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↓
Equity eroded
Book equity 9.10m NOK → 1.76m NOK (equity ratio 31.3% → 7.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 11.37m NOK → 10 NOK. Reported fact