FirmaIQ
Org.nr 992 357 010 2013 → 2014 Year-over-year analysis

2 SNØMENN AS: årsregnskap 2014 vs 2013

Grew 12% on revenue, stronger earnings

approved 2015-06-08; registry 2015-07-09; journal 2015 582584

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 2 SNØMENN AS. Revenue 6.46m NOK → 7.26m NOK (+12.4%). Net result +1.18m NOK → +1.49m NOK. Equity 3.24m NOK → 2.93m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2 SNØMENN AS.

At a glance

Scorecard

Revenue
6.46m NOK 7.26m NOK
+12.4%
Operating result
+1.59m NOK +1.98m NOK
+24.1%
Net result
+1.18m NOK +1.49m NOK
+26.3%
Equity
3.24m NOK 2.93m NOK
-9.6%
Cash
2.68m NOK 4.66m NOK
+73.8%
Total assets
4.63m NOK 6.15m NOK
+33.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.46m NOK to 7.26m NOK (+12.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.59m NOK → +1.98m NOK (op. margin 24.7% → 27.2%). Calculated

  • ↑

    Net result improved

    Net result +1.18m NOK → +1.49m NOK (net margin 18.2% → 20.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.68m NOK → 4.66m NOK (+73.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.24m NOK → 2.93m NOK (equity ratio 70.0% → 47.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.65m NOK → 1.89m NOK (25% → 26% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.30m NOK → 2.68m NOK (+16.4% YoY). Calculated