2H ELEKTRO AS: årsregnskap 2014 vs 2013
Grew 1058% on revenue
approved 2015-05-07; registry 2015-06-04; journal 2015 426507
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 2H ELEKTRO AS. Revenue 82.4k NOK → 954.6k NOK (+1058.4%). Net result +10.3k NOK → +10.5k NOK. Equity 148.0k NOK → 158.5k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 2H ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 82.4k NOK to 954.6k NOK (+1058.4% YoY). Calculated
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↑
Equity strengthened
Book equity 148.0k NOK → 158.5k NOK (equity ratio 37.8% → 56.0%). Calculated
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↑
Payroll decreased
Salary cost 425.5k NOK → 388.9k NOK (516% → 41% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +31.3k NOK → +11.0k NOK (op. margin 38.0% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 244.7k NOK → 150.4k NOK (-38.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 420.2k NOK → 357.6k NOK (-14.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 126.0k NOK → 98.0k NOK. Reported fact