FirmaIQ
Org.nr 966 125 071 2013 → 2014 Year-over-year analysis

AKERSHUS REKLAME TEAM AS: årsregnskap 2014 vs 2013

Grew 13% on revenue, slipped into loss

approved 2015-11-23; registry 2015-11-25; journal 2015 955325

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AKERSHUS REKLAME TEAM AS. Revenue 19.85m NOK → 22.44m NOK (+13.1%). Net result +289.9k NOK → -34.1k NOK. Equity 4.38m NOK → 343.0k NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.

At a glance

Scorecard

Revenue
19.85m NOK 22.44m NOK
+13.1%
Operating result
n/m +400.6k NOK
—
Net result
+289.9k NOK -34.1k NOK
-111.8%
Equity
4.38m NOK 343.0k NOK
-92.2%
Cash
388.7k NOK 331.8k NOK
-14.6%
Total assets
5.54m NOK 6.73m NOK
+21.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.85m NOK to 22.44m NOK (+13.1% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 289.9k NOK profit to a loss of 34.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.38m NOK → 343.0k NOK (equity ratio 79.0% → 5.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 388.7k NOK → 331.8k NOK (-14.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 7.19m NOK → 8.51m NOK (+18.4% YoY). Calculated