AH UTVIKLING AS: årsregnskap 2014 vs 2013
Grew 14% on revenue, stronger earnings
approved 2015-04-15; registry 2015-05-23; journal 2015 407533
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AH UTVIKLING AS. Revenue 289.2k NOK → 329.2k NOK (+13.8%). Net result -99.1k NOK → -27.4k NOK. Equity -256.4k NOK → -283.8k NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AH UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 289.2k NOK to 329.2k NOK (+13.8% YoY). Calculated
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↑
Net result improved
Net result -99.1k NOK → -27.4k NOK (net margin -34.3% → -8.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.48× → 136.36×. Calculated
What deteriorated
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↓
Equity eroded
Book equity -256.4k NOK → -283.8k NOK (equity ratio -9.1% → -11.4%). Calculated
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↓
Cash fell
Bank deposits 362.2k NOK → 232.6k NOK (-35.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation