2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS: årsregnskap 2014 vs 2013
Grew 112671% on revenue, stronger earnings
approved 2015-09-16; registry 2015-10-10; journal 2015 930473
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS. Revenue 7 709 NOK → 8.69m NOK (+112671.2%). Net result +7 709 NOK → +17.52bn NOK. Equity 928.0k NOK → 1.04m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7 709 NOK to 8.69m NOK (+112671.2% YoY). Calculated
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Net result improved
Net result +7 709 NOK → +17.52bn NOK (net margin 100.0% → 201556.7%). Calculated
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Equity strengthened
Book equity 928.0k NOK → 1.04m NOK (equity ratio 8.5% → 94.9%). Calculated
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Owners injected capital
Paid-in equity rose 928.0k NOK → 980.0k NOK (+52.0k NOK). Reported fact
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Payroll decreased
Salary cost 413.0k NOK → 184.7k NOK (5358% → 2% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 798.1k NOK → 461.0k NOK (-42.2% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 6.83m NOK → 8.19m NOK (+19.9% YoY). Calculated