FirmaIQ
Org.nr 813 475 782 2013 → 2014 Year-over-year analysis

AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 2014 vs 2013

Shrank 35% on revenue, returned to profit

approved 2015-04-07; registry 2015-04-14; journal 2015 353584

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Revenue 30.32m NOK → 19.68m NOK (-35.1%). Net result -254.3k NOK → +119.2k NOK. Equity 3.07m NOK → 3.19m NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.

At a glance

Scorecard

Revenue
30.32m NOK 19.68m NOK
-35.1%
Operating result
-233.0k NOK n/m
—
Net result
-254.3k NOK +119.2k NOK
+146.9%
Equity
3.07m NOK 3.19m NOK
+3.9%
Cash
2.28m NOK 1.38m NOK
-39.5%
Total assets
7.19m NOK 6.84m NOK
-4.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 254.3k NOK to a profit of 119.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.07m NOK → 3.19m NOK (equity ratio 42.7% → 46.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.32m NOK to 19.68m NOK (-35.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 2.28m NOK → 1.38m NOK (-39.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -7.99m NOK → 6.88m NOK (-26% → 35% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -19.79m NOK → 9.76m NOK (+149.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6 633 NOK → 123.0k NOK. Reported fact