Org.nr 990 142 041 2013 → 2014 Year-over-year analysis

3D VERIFIER AS: årsregnskap 2014 vs 2013

Shrank 25% on revenue, returned to profit

approved 2015-06-23; registry 2015-09-29; journal 2015 892206

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 3D VERIFIER AS. Revenue 9.10m NOK → 6.80m NOK (-25.2%). Net result -151.8k NOK → +155.8k NOK. Equity 952.7k NOK → 1 108 NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 3D VERIFIER AS.

Scorecard

Revenue
9.10m NOK 6.80m NOK
-25.2%
Operating result
+118.7k NOK +235.9k NOK
+98.7%
Net result
-151.8k NOK +155.8k NOK
+202.6%
Equity
952.7k NOK 1 108 NOK
-99.9%
Cash
38.7k NOK 666.7k NOK
+1622.9%
Total assets
2.34m NOK 2.05m NOK
-12.1%

What improved

  • ↑

    Operating result improved

    Operating result +118.7k NOK → +235.9k NOK (op. margin 1.3% → 3.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 151.8k NOK to a profit of 155.8k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 38.7k NOK → 666.7k NOK (+1622.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.10m NOK to 6.80m NOK (-25.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 952.7k NOK → 1 108 NOK (equity ratio 40.8% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.08m NOK → 2.22m NOK (-45.6% YoY). Calculated