FirmaIQ
Org.nr 995 595 397 2013 → 2014 Year-over-year analysis

24SEVENSOCIAL AS: årsregnskap 2014 vs 2013

Grew 38% on revenue, stronger earnings, fresh owner capital

approved 2015-04-20; registry 2015-09-17; journal 2015 845198

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 24SEVENSOCIAL AS. Revenue 10.38m NOK → 14.29m NOK (+37.7%). Net result -476.2k NOK → -336.8k NOK. Equity 1.45m NOK → 8.82m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 24SEVENSOCIAL AS.

At a glance

Scorecard

Revenue
10.38m NOK 14.29m NOK
+37.7%
Operating result
-791.5k NOK n/m
—
Net result
-476.2k NOK -336.8k NOK
+29.3%
Equity
1.45m NOK 8.82m NOK
+507.1%
Cash
53.2k NOK 2.29m NOK
+4201.6%
Total assets
10.13m NOK 17.26m NOK
+70.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.38m NOK to 14.29m NOK (+37.7% YoY). Calculated

  • ↑

    Net result improved

    Net result -476.2k NOK → -336.8k NOK (net margin -4.6% → -2.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.45m NOK → 8.82m NOK (equity ratio 14.3% → 51.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 53.2k NOK → 2.29m NOK (+4201.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 2.00×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 893.7k NOK → 3.40m NOK (+280.2% YoY). Calculated