AKERSHUS UTLEIE HOLDING AS: årsregnskap 2014 vs 2013
Grew 10771% on revenue, weaker earnings
approved 2015-05-11; registry 2015-06-23; journal 2015 504829
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AKERSHUS UTLEIE HOLDING AS. Revenue 683 NOK → 74.3k NOK (+10771.4%). Net result +985.9k NOK → +15.6k NOK. Equity 996.4k NOK → 12.0k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSHUS UTLEIE HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 683 NOK to 74.3k NOK (+10771.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 7.31m NOK → 6 NOK (1069695% → 0% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +985.9k NOK → +15.6k NOK (net margin 144354.0% → 21.0%). Calculated
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↓
Equity eroded
Book equity 996.4k NOK → 12.0k NOK (equity ratio 43.7% → 0.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.16× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 63 NOK → 12.7k NOK (+20107.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.06m NOK → 1.08m NOK. Reported fact