FirmaIQ
Org.nr 988 622 036 2013 → 2014 Year-over-year analysis

NORWEGIAN PROPERTY ASA: årsregnskap 2014 vs 2013

Grew 10% on revenue

approved 2015-02-11; registry 2015-03-23; journal 2015 332735

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for NORWEGIAN PROPERTY ASA. Revenue 40.00m NOK → 44.00m NOK (+10.0%). Equity 3.93bn NOK → 3.47bn NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NORWEGIAN PROPERTY ASA.

At a glance

Scorecard

Revenue
40.00m NOK 44.00m NOK
+10.0%
Operating result
-63.00m NOK n/m
—
Equity
3.93bn NOK 3.47bn NOK
-11.9%
Cash
37.00m NOK 20.00m NOK
-45.9%
Total assets
13.66bn NOK 14.07bn NOK
+3.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.00m NOK to 44.00m NOK (+10.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.93bn NOK → 3.47bn NOK (equity ratio 28.8% → 24.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 37.00m NOK → 20.00m NOK (-45.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 8.35× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.93bn NOK → 3.47bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 12.28bn NOK → 13.76bn NOK. Reported fact