Org.nr 997 549 546 2013 → 2014 Year-over-year analysis

10XNORTH AS: årsregnskap 2014 vs 2013

Grew 12% on revenue

approved 2015-02-28; registry 2015-04-22; journal 2015 365817

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 10XNORTH AS. Revenue 3.07m NOK → 3.45m NOK (+12.5%). Equity 876.3k NOK → 972.5k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 10XNORTH AS.

Scorecard

Revenue
3.07m NOK 3.45m NOK
+12.5%
Operating result
+590.7k NOK n/m
—
Net result
+408.3k NOK n/m
—
Equity
876.3k NOK 972.5k NOK
+11.0%
Cash
1.29m NOK 1.07m NOK
-17.0%
Total assets
2.00m NOK 2.16m NOK
+7.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.07m NOK to 3.45m NOK (+12.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 876.3k NOK → 972.5k NOK (equity ratio 43.8% → 45.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.29m NOK → 1.07m NOK (-17.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 588.8k NOK → 822.2k NOK (19% → 24% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.42m NOK → 1.84m NOK (+29.3% YoY). Calculated