Org.nr 985 907 307 2013 → 2014 Year-over-year analysis

2K TECH AS: årsregnskap 2014 vs 2013

Shrank 42% on revenue, weaker earnings

approved 2015-06-24; registry 2015-07-23; journal 2015 633988

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 2K TECH AS. Revenue 91.8k NOK → 53.2k NOK (-42.0%). Net result +67.3k NOK → +34.0k NOK. Equity 63.2k NOK → 97.2k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
91.8k NOK 53.2k NOK
-42.0%
Operating result
+84.8k NOK +45.7k NOK
-46.1%
Net result
+67.3k NOK +34.0k NOK
-49.4%
Equity
63.2k NOK 97.2k NOK
+53.8%
Cash
1 503 NOK 44.8k NOK
+2880.2%
Total assets
241.6k NOK 284.9k NOK
+17.9%

What improved

  • ↑

    Equity strengthened

    Book equity 63.2k NOK → 97.2k NOK (equity ratio 26.2% → 34.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 503 NOK → 44.8k NOK (+2880.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 91.8k NOK to 53.2k NOK (-42.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +84.8k NOK → +45.7k NOK (op. margin 92.5% → 85.9%). Calculated

  • ↓

    Net result weakened

    Net result +67.3k NOK → +34.0k NOK (net margin 73.3% → 63.9%). Calculated