Org.nr 991 711 392 2013 → 2014 Year-over-year analysis

4SUBSEA AS: årsregnskap 2014 vs 2013

Grew 21% on revenue

approved 2015-04-30; registry 2015-07-16; journal 2015 602511

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 4SUBSEA AS. Revenue 105.80m NOK → 127.85m NOK (+20.8%). Equity 21.59m NOK → 30.46m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 4SUBSEA AS.

Scorecard

Revenue
105.80m NOK 127.85m NOK
+20.8%
Equity
21.59m NOK 30.46m NOK
+41.1%
Cash
16.50m NOK 18.86m NOK
+14.3%
Total assets
54.30m NOK 62.66m NOK
+15.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 105.80m NOK to 127.85m NOK (+20.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 21.59m NOK → 30.46m NOK (equity ratio 39.8% → 48.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 16.50m NOK → 18.86m NOK (+14.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.40m NOK → 3.75m NOK (+353.2k NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 51.62m NOK → 63.13m NOK (49% → 49% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 27.89m NOK → 31.22m NOK (+11.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 500.0k NOK → 300.0k NOK. Reported fact