AGV SERVICE AS: årsregnskap 2014 vs 2013
Stronger earnings
approved 2015-03-06; registry 2015-04-28; journal 2015 371732
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGV SERVICE AS. Revenue 0 NOK → 2 NOK. Net result +8 564 NOK → +3.86m NOK. Equity 350.6k NOK → 88.4k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGV SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 2 NOK. Calculated
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↑
Net result improved
Net result +8 564 NOK → +3.86m NOK. Calculated
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↑
Cash rose
Bank deposits 244.0k NOK → 508.3k NOK (+108.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 350.6k NOK → 88.4k NOK (equity ratio 100.0% → 0.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 980 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 3.11m NOK → 3 NOK. Reported fact