Org.nr 988 862 703 2013 → 2014 Year-over-year analysis

POLIGHT ASA: årsregnskap 2014 vs 2013

Shrank 18% on revenue

approved 2015-06-26; registry 2015-08-27; journal 2015 756168

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for POLIGHT ASA. Revenue 13.03m NOK → 10.64m NOK (-18.4%). Equity 81.68m NOK → 12.96m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

13.03m NOK 10.64m NOK

-18.4%

Equity

81.68m NOK 12.96m NOK

-84.1%

Cash

26.37m NOK 14.67m NOK

-44.4%

Total assets

108.58m NOK 68.28m NOK

-37.1%

↓
Revenue fell

Operating income / revenue moved from 13.03m NOK to 10.64m NOK (-18.4% YoY). Calculated
↓
Equity eroded

Book equity 81.68m NOK → 12.96m NOK (equity ratio 75.2% → 19.0%). Calculated
↓
Cash fell

Bank deposits 26.37m NOK → 14.67m NOK (-44.4% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 13.23× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
COGS moved

COGS / varekostnad 407.2k NOK → 2.12m NOK (+421.1% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 81.68m NOK → 12.96m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Book investments changed

Investment / intangible book value 80.0k NOK → 40.00m NOK. Reported fact