Org.nr 988 635 766 2013 → 2014 Year-over-year analysis

AH DRILLING CONSULTANCY AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-08-17; registry 2015-08-24; journal 2015 741692

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AH DRILLING CONSULTANCY AS. Revenue 3.73m NOK → 3.78m NOK (+1.3%). Equity 7.13m NOK → 10.09m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AH DRILLING CONSULTANCY AS.

At a glance

Revenue

3.73m NOK 3.78m NOK

+1.3%

Equity

7.13m NOK 10.09m NOK

+41.5%

Cash

1.65m NOK 892.6k NOK

-45.9%

Total assets

8.31m NOK 15.19m NOK

+82.7%

↑
Revenue rose

Operating income / revenue moved from 3.73m NOK to 3.78m NOK (+1.3% YoY). Calculated
↑
Equity strengthened

Book equity 7.13m NOK → 10.09m NOK (equity ratio 85.8% → 66.4%). Calculated
↑
Payroll decreased

Salary cost 10.76m NOK → 2 NOK (288% → 0% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 1.40m NOK → 10.81m NOK. Reported fact