Org.nr 963 877 722 2013 → 2014 Year-over-year analysis

AKERSHUS EIENDOM AS: årsregnskap 2014 vs 2013

Shrank 94% on revenue

approved 2015-04-28; registry 2015-05-30; journal 2015 415856

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AKERSHUS EIENDOM AS. Revenue 2.10bn NOK → 122.08m NOK (-94.2%). Equity 7.36m NOK → 5.67m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS EIENDOM AS.

At a glance

Revenue

2.10bn NOK 122.08m NOK

-94.2%

Operating result

+28.97m NOK n/m

—

Equity

7.36m NOK 5.67m NOK

-23.0%

Cash

59.49m NOK 49.10m NOK

-17.5%

Total assets

101.85m NOK 102.74m NOK

+0.9%

↓
Revenue fell

Operating income / revenue moved from 2.10bn NOK to 122.08m NOK (-94.2% YoY). Calculated
↓
Equity eroded

Book equity 7.36m NOK → 5.67m NOK (equity ratio 7.2% → 5.5%). Calculated
↓
Cash fell

Bank deposits 59.49m NOK → 49.10m NOK (-17.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 26.13m NOK → 26.78m NOK (1% → 22% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation