AGVIK AS: årsregnskap 2014 vs 2013
Grew 131649% on revenue, returned to profit, cash halved-plus
approved 2015-06-23; registry 2015-07-06; journal 2015 563631
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGVIK AS. Revenue 4 950 NOK → 6.52m NOK (+131649.3%). Net result -393.9k NOK → +921.8k NOK. Equity -363.9k NOK → 557.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4 950 NOK to 6.52m NOK (+131649.3% YoY). Calculated
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Operating result improved
Operating result -393.8k NOK → +922.3k NOK (op. margin -7956.3% → 14.1%). Calculated
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Turned profitable
Net result flipped from a loss of 393.9k NOK to a profit of 921.8k NOK. Calculated
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Equity strengthened
Book equity -363.9k NOK → 557.9k NOK (equity ratio -324.1% → 44.7%). Calculated
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Owners injected capital
Paid-in equity rose -363.9k NOK → 951.8k NOK (+1.32m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 690.8k NOK → 190.5k NOK (-72.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 753.58× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 4.40m NOK → 4.79m NOK (88905% → 73% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 508.8k NOK → 187.7k NOK (-63.1% YoY). Calculated