Org.nr 991 990 194 2013 → 2014 Year-over-year analysis

5B PROSJEKT AS: årsregnskap 2014 vs 2013

Shrank 24% on revenue

approved 2015-06-09; registry 2015-08-18; journal 2015 720395

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 5B PROSJEKT AS. Revenue 6.60m NOK → 5.05m NOK (-23.5%). Equity 6.55m NOK → 925.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 5B PROSJEKT AS.

At a glance

Revenue

6.60m NOK 5.05m NOK

-23.5%

Operating result

+774.7k NOK n/m

—

Net result

+546.2k NOK n/m

—

Equity

6.55m NOK 925.9k NOK

-85.9%

Cash

424.5k NOK 848.8k NOK

+99.9%

Total assets

2.30m NOK 6.92m NOK

+201.2%

↓
Revenue fell

Operating income / revenue moved from 6.60m NOK to 5.05m NOK (-23.5% YoY). Calculated
↓
Equity eroded

Book equity 6.55m NOK → 925.9k NOK (equity ratio 285.1% → 13.4%). Calculated
↓
Payroll up without matching revenue

Salary cost 5 NOK → 5.63m NOK (0% → 111% of revenue). Calculated

·
COGS fell

COGS / varekostnad 3.60m NOK → 1.17m NOK (-67.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 2 NOK → 312.0k NOK. Reported fact