FirmaIQ
Org.nr 995 726 491 2013 → 2014 Year-over-year analysis

AGNEFESTVEIEN 1 AS: årsregnskap 2014 vs 2013

Another loss-making year

approved 2015-01-30; registry 2015-09-10; journal 2015 814686

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AGNEFESTVEIEN 1 AS. Revenue 468.5k NOK → 471.3k NOK (+0.6%). Net result -198.5k NOK → -165.8k NOK. Equity -535.7k NOK → -701.5k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN 1 AS.

At a glance

Scorecard

Revenue
468.5k NOK 471.3k NOK
+0.6%
Operating result
+83.2k NOK n/m
—
Net result
-198.5k NOK -165.8k NOK
+16.5%
Equity
-535.7k NOK -701.5k NOK
-31.0%
Cash
76.3k NOK 49.7k NOK
-34.9%
Total assets
8.51m NOK 8.22m NOK
-3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 468.5k NOK to 471.3k NOK (+0.6% YoY). Calculated

  • ↑

    Net result improved

    Net result -198.5k NOK → -165.8k NOK (net margin -42.4% → -35.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -535.7k NOK → -701.5k NOK (equity ratio -6.3% → -8.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 76.3k NOK → 49.7k NOK (-34.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation