POLARIS MEDIA ASA: årsregnskap 2014 vs 2013
Shrank 13% on revenue
approved 2015-05-20; registry 2015-07-16; journal 2015 592724
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for POLARIS MEDIA ASA. Revenue 21.85m NOK → 18.99m NOK (-13.1%). Equity 520.88m NOK → 567.7k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for POLARIS MEDIA ASA.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.18× → 1.04×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 21.85m NOK to 18.99m NOK (-13.1% YoY). Calculated
-
↓
Equity eroded
Book equity 520.88m NOK → 567.7k NOK (equity ratio 37.1% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 305.85m NOK → 305.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 16.25m NOK → 16.24m NOK (-0.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 69.21m NOK → 76.23m NOK. Reported fact