FirmaIQ
Org.nr 976 842 197 2013 → 2014 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2014 vs 2013

Grew 113% on revenue, weaker earnings

approved 2015-01-26; registry 2015-04-09; journal 2015 347993

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 3 BYGG MESTER EIENDOM AS. Revenue 34.16m NOK → 72.74m NOK (+112.9%). Net result +12.98m NOK → +8.85m NOK. Equity 125.99m NOK → 116.84m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: net result weakened; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 3 BYGG MESTER EIENDOM AS.

At a glance

Scorecard

Revenue
34.16m NOK 72.74m NOK
+112.9%
Net result
+12.98m NOK +8.85m NOK
-31.9%
Equity
125.99m NOK 116.84m NOK
-7.3%
Cash
11.94m NOK 22.73m NOK
+90.3%
Total assets
142.57m NOK 139.73m NOK
-2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.16m NOK to 72.74m NOK (+112.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 11.94m NOK → 22.73m NOK (+90.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.73m NOK → 2.61m NOK (8% → 4% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +12.98m NOK → +8.85m NOK (net margin 38.0% → 12.2%). Calculated

  • ↓

    Equity eroded

    Book equity 125.99m NOK → 116.84m NOK (equity ratio 88.4% → 83.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 20.00m NOK → 2.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.57m NOK → 2.83m NOK. Reported fact