4X4 MEDICINE AS: årsregnskap 2014 vs 2013
Grew 43% on revenue, slipped into loss
approved 2015-05-22; registry 2015-06-10; journal 2015 449203
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 4X4 MEDICINE AS. Revenue 452.6k NOK → 647.4k NOK (+43.1%). Net result +65.5k NOK → -34.8k NOK. Equity 879.3k NOK → 714.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4X4 MEDICINE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 452.6k NOK to 647.4k NOK (+43.1% YoY). Calculated
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↑
Cash rose
Bank deposits 545 NOK → 427.30m NOK (+78403669.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +92.2k NOK → -43.9k NOK (op. margin 20.4% → -6.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 65.5k NOK profit to a loss of 34.8k NOK. Calculated
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↓
Equity eroded
Book equity 879.3k NOK → 714.5k NOK (equity ratio 88.6% → 80.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 247.0k NOK → 252.4k NOK. Reported fact