AGS BATTERISERVICE AS: årsregnskap 2014 vs 2013
Shrank 25% on revenue, weaker earnings
approved 2015-08-28; registry 2015-10-05; journal 2015 908093
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGS BATTERISERVICE AS. Revenue 6.49m NOK → 4.89m NOK (-24.7%). Net result +750.0k NOK → +44.6k NOK. Equity 630.5k NOK → 585.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 338.7k NOK → 797.3k NOK (+135.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.49m NOK to 4.89m NOK (-24.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.06m NOK → +60.0k NOK (op. margin 16.3% → 1.2%). Calculated
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↓
Net result weakened
Net result +750.0k NOK → +44.6k NOK (net margin 11.5% → 0.9%). Calculated
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↓
Equity eroded
Book equity 630.5k NOK → 585.9k NOK (equity ratio 18.6% → 20.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 94.7k NOK → 6.82m NOK (1% → 139% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.56m NOK → 3.35m NOK (-26.5% YoY). Calculated