AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS: årsregnskap 2014 vs 2013
Grew 11% on revenue, slipped into loss, cash halved-plus
approved 2015-05-27; registry 2015-06-25; journal 2015 513741
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS. Revenue 20.80m NOK → 22.99m NOK (+10.5%). Net result +348.9k NOK → -1.88m NOK. Equity 5.36m NOK → 3.49m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.80m NOK to 22.99m NOK (+10.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +495.9k NOK → -2.38m NOK (op. margin 2.4% → -10.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 348.9k NOK profit to a loss of 1.88m NOK. Calculated
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↓
Equity eroded
Book equity 5.36m NOK → 3.49m NOK (equity ratio 52.0% → 45.1%). Calculated
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↓
Cash fell
Bank deposits 3.36m NOK → 1.26m NOK (-62.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.36m NOK → 1.26m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 10.68m NOK → 10 NOK (-100.0% YoY). Calculated