Org.nr 987 582 715 2013 → 2014 Year-over-year analysis

2020PARK AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-03-09; registry 2015-06-17; journal 2015 467880

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 2020PARK AS. Revenue 32.27m NOK → 32.94m NOK (+2.1%). Equity 27.97m NOK → 28.27m NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 2020PARK AS.

Scorecard

Revenue
32.27m NOK 32.94m NOK
+2.1%
Equity
27.97m NOK 28.27m NOK
+1.1%
Cash
165.8k NOK 287.3k NOK
+73.3%
Total assets
260.49m NOK 583.46m NOK
+124.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 32.27m NOK to 32.94m NOK (+2.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 27.97m NOK → 28.27m NOK (equity ratio 10.7% → 4.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 165.8k NOK → 287.3k NOK (+73.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.77m NOK → 6.04m NOK (5% → 18% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.98m NOK → 5.80m NOK (+16.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 69.59m NOK → 20.0k NOK. Reported fact