FirmaIQ
Org.nr 994 203 002 2013 → 2014 Year-over-year analysis

3T SOLSIDEN AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-06-30; registry 2015-08-03; journal 2015 675078

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 3T SOLSIDEN AS. Revenue 17.76m NOK → 16.90m NOK (-4.8%). Net result +424.2k NOK → +367.0k NOK. Equity 96.3k NOK → 134.8k NOK.

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

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

At a glance

Scorecard

Revenue
17.76m NOK 16.90m NOK
-4.8%
Operating result
n/m +428.8k NOK
—
Net result
+424.2k NOK +367.0k NOK
-13.5%
Equity
96.3k NOK 134.8k NOK
+40.0%
Cash
203.3k NOK 83.2k NOK
-59.1%
Total assets
2.60m NOK 4.00m NOK
+53.7%

What improved

  • ↑

    Equity strengthened

    Book equity 96.3k NOK → 134.8k NOK (equity ratio 3.7% → 3.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.76m NOK to 16.90m NOK (-4.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +424.2k NOK → +367.0k NOK (net margin 2.4% → 2.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 203.3k NOK → 83.2k NOK (-59.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 473.7k NOK → 389.9k NOK (-17.7% YoY). Calculated