Org.nr 985 303 770 2013 → 2014 Year-over-year analysis

24 FRAMES PER SECOND AS: årsregnskap 2014 vs 2013

Shrank 27% on revenue, weaker earnings, cash halved-plus

approved 2015-05-06; registry 2015-06-02; journal 2015 420330

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 24 FRAMES PER SECOND AS. Revenue 1.59m NOK → 1.16m NOK (-27.1%). Net result +507.1k NOK → +128.6k NOK. Equity 1.31m NOK → 983.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 24 FRAMES PER SECOND AS.

Scorecard

Revenue
1.59m NOK 1.16m NOK
-27.1%
Operating result
+731.5k NOK +241.2k NOK
-67.0%
Net result
+507.1k NOK +128.6k NOK
-74.6%
Equity
1.31m NOK 983.3k NOK
-25.0%
Cash
597.9k NOK 37.6k NOK
-93.7%
Total assets
2.09m NOK 1.55m NOK
-25.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.59m NOK to 1.16m NOK (-27.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +731.5k NOK → +241.2k NOK (op. margin 46.0% → 20.8%). Calculated

  • ↓

    Net result weakened

    Net result +507.1k NOK → +128.6k NOK (net margin 31.9% → 11.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.31m NOK → 983.3k NOK (equity ratio 62.8% → 63.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 597.9k NOK → 37.6k NOK (-93.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 22.8k NOK → 8.25m NOK. Reported fact