2M-INVEST AS: årsregnskap 2014 vs 2013
Shrank 10% on revenue, stronger earnings
approved 2015-05-28; registry 2015-06-20; journal 2015 489678
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 2M-INVEST AS. Revenue 498.8k NOK → 446.6k NOK (-10.5%). Net result +2 013 NOK → +2.88m NOK. Equity 36.88m NOK → 34.46m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
498.8k NOK
446.6k NOK
-10.5%
Net result
+2 013 NOK
+2.88m NOK
+143098.8%
Equity
36.88m NOK
34.46m NOK
-6.6%
Cash
2.68m NOK
2.18m NOK
-18.5%
Total assets
39.71m NOK
40.60m NOK
+2.2%
What improved
-
↑
Net result improved
Net result +2 013 NOK → +2.88m NOK (net margin 0.4% → 645.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 498.8k NOK to 446.6k NOK (-10.5% YoY). Calculated
-
↓
Equity eroded
Book equity 36.88m NOK → 34.46m NOK (equity ratio 92.9% → 84.9%). Calculated
-
↓
Cash fell
Bank deposits 2.68m NOK → 2.18m NOK (-18.5% YoY). Calculated