FirmaIQ
Org.nr 987 916 095 2013 → 2014 Year-over-year analysis

AKERSHUS AUTO AS: årsregnskap 2014 vs 2013

Shrank 15% on revenue, weaker earnings

approved 2015-05-29; registry 2015-09-16; journal 2015 840888

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AKERSHUS AUTO AS. Revenue 74.83m NOK → 63.73m NOK (-14.8%). Net result +697.7k NOK → +324.4k NOK. Equity 2.88m NOK → 3.20m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS AUTO AS.

At a glance

Scorecard

Revenue
74.83m NOK 63.73m NOK
-14.8%
Operating result
+1.50m NOK +1.07m NOK
-29.0%
Net result
+697.7k NOK +324.4k NOK
-53.5%
Equity
2.88m NOK 3.20m NOK
+11.3%
Cash
760.2k NOK 518.6k NOK
-31.8%
Total assets
20.96m NOK 20.99m NOK
+0.1%

What improved

  • ↑

    Equity strengthened

    Book equity 2.88m NOK → 3.20m NOK (equity ratio 13.7% → 15.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 74.83m NOK to 63.73m NOK (-14.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.50m NOK → +1.07m NOK (op. margin 2.0% → 1.7%). Calculated

  • ↓

    Net result weakened

    Net result +697.7k NOK → +324.4k NOK (net margin 0.9% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 760.2k NOK → 518.6k NOK (-31.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.74m NOK → 2.70m NOK (2% → 4% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 69.72m NOK → 59.42m NOK (-14.8% YoY). Calculated