Org.nr 980 864 820 2013 → 2014 Year-over-year analysis

70 NORDVEKST AS: årsregnskap 2014 vs 2013

Grew 16% on revenue

approved 2015-06-29; registry 2015-07-20; journal 2015 614381

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 70 NORDVEKST AS. Revenue 7.96m NOK → 9.24m NOK (+16.1%). Equity -70.5k NOK → 21.4k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 70 NORDVEKST AS.

Scorecard

Revenue
7.96m NOK 9.24m NOK
+16.1%
Net result
-297.4k NOK n/m
—
Equity
-70.5k NOK 21.4k NOK
+130.3%
Cash
328.4k NOK 246.2k NOK
-25.0%
Total assets
9.97m NOK 9.82m NOK
-1.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.96m NOK to 9.24m NOK (+16.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -70.5k NOK → 21.4k NOK (equity ratio -0.7% → 0.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 328.4k NOK → 246.2k NOK (-25.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.23m NOK → 1.60m NOK (+30.2% YoY). Calculated