AK2 SIVILARKITEKT MNAL AS: årsregnskap 2014 vs 2013
Shrank 20% on revenue, weaker earnings
approved 2015-05-29; registry 2015-08-20; journal 2015 727640
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AK2 SIVILARKITEKT MNAL AS. Revenue 2.16m NOK → 1.73m NOK (-20.1%). Net result +188.4k NOK → +139.6k NOK. Equity 1.29m NOK → 1.01m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AK2 SIVILARKITEKT MNAL AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 0 NOK → 1.28m NOK (None YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 2.34×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.16m NOK to 1.73m NOK (-20.1% YoY). Calculated
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↓
Operating result weakened
Operating result +254.8k NOK → +183.8k NOK (op. margin 11.8% → 10.6%). Calculated
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↓
Net result weakened
Net result +188.4k NOK → +139.6k NOK (net margin 8.7% → 8.1%). Calculated
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↓
Equity eroded
Book equity 1.29m NOK → 1.01m NOK (equity ratio 70.7% → 64.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.02m NOK → 1.04m NOK (47% → 60% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 250.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation