AHK PROSJEKTERING AS: årsregnskap 2014 vs 2013
Grew 78810% on revenue, cash halved-plus
approved 2015-05-22; registry 2015-06-18; journal 2015 488916
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AHK PROSJEKTERING AS. Revenue 1 376 NOK → 1.09m NOK (+78809.5%). Net result -177.8k NOK → -194.4k NOK. Equity 40.7k NOK → -153.7k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for AHK PROSJEKTERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 376 NOK to 1.09m NOK (+78809.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.21m NOK → 1.03m NOK (88281% → 95% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -158.8k NOK → -173.7k NOK (op. margin -11542.8% → -16.0%). Calculated
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↓
Net result weakened
Net result -177.8k NOK → -194.4k NOK (net margin -12923.8% → -17.9%). Calculated
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↓
Equity eroded
Book equity 40.7k NOK → -153.7k NOK (equity ratio 6.5% → -34.5%). Calculated
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↓
Cash fell
Bank deposits 3.13m NOK → 6 857 NOK (-99.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.10× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -34.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.13m NOK → 6 857 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation