FirmaIQ
Org.nr 991 386 092 2013 → 2014 Year-over-year analysis

7N NORGE AS: årsregnskap 2014 vs 2013

Grew 25% on revenue, weaker earnings

approved 2015-01-23; registry 2015-02-09; journal 2015 304524

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 7N NORGE AS. Revenue 33.78m NOK → 42.28m NOK (+25.2%). Net result +432.8k NOK → +206.7k NOK. Equity 248.1k NOK → 1.45m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 7N NORGE AS.

At a glance

Scorecard

Revenue
33.78m NOK 42.28m NOK
+25.2%
Operating result
+697.0k NOK +367.6k NOK
-47.3%
Net result
+432.8k NOK +206.7k NOK
-52.2%
Equity
248.1k NOK 1.45m NOK
+486.4%
Cash
2.66m NOK 3.69m NOK
+38.5%
Total assets
7.95m NOK 9.63m NOK
+21.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 33.78m NOK to 42.28m NOK (+25.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 248.1k NOK → 1.45m NOK (equity ratio 3.1% → 15.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.66m NOK → 3.69m NOK (+38.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +697.0k NOK → +367.6k NOK (op. margin 2.1% → 0.9%). Calculated

  • ↓

    Net result weakened

    Net result +432.8k NOK → +206.7k NOK (net margin 1.3% → 0.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.13m NOK → 4.96m NOK (12% → 12% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 27.73m NOK → 35.32m NOK (+27.3% YoY). Calculated