HESTNES-LANDE HOLDING AS: årsregnskap 2014 vs 2013
Shrank 20% on revenue
approved 2015-06-29; registry 2015-07-13; journal 2015 591378
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for HESTNES-LANDE HOLDING AS. Revenue 288.7k NOK → 232.3k NOK (-19.5%). Equity 828.3k NOK → 539.9k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for HESTNES-LANDE HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 22.0k NOK → 24.2k NOK (+9.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 1 553 NOK → -57.4k NOK (1% → -25% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 288.7k NOK to 232.3k NOK (-19.5% YoY). Calculated
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↓
Equity eroded
Book equity 828.3k NOK → 539.9k NOK (equity ratio 26.4% → 18.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 798.7k NOK → 598.7k NOK. Reported fact