AJOUR MEDIA AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-03-20; registry 2015-07-04; journal 2015 557965
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AJOUR MEDIA AS. Revenue 1.88m NOK → 1.89m NOK (+0.4%). Net result +152.41bn NOK → +354.7k NOK. Equity 964.2k NOK → 1 168 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AJOUR MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.88m NOK to 1.89m NOK (+0.4% YoY). Calculated
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↑
Cash rose
Bank deposits 1 123 NOK → 1.40m NOK (+124934.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.79× → 4.39×. Calculated
What deteriorated
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↓
Net result weakened
Net result +152.41bn NOK → +354.7k NOK (net margin 8093373.8% → 18.8%). Calculated
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↓
Equity eroded
Book equity 964.2k NOK → 1 168 NOK (equity ratio 73.7% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.15m NOK → 3.97m NOK (61% → 210% of revenue). Calculated