7WAVES AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-02-24; registry 2015-03-07; journal 2015 318098
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 7WAVES AS. Revenue 11.23m NOK → 10.98m NOK (-2.3%). Equity 456.5k NOK → 1.90m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7WAVES AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 456.5k NOK → 1.90m NOK (equity ratio 7.5% → 36.7%). Calculated
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↑
Cash rose
Bank deposits 193.5k NOK → 1.27m NOK (+555.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.23m NOK to 10.98m NOK (-2.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 3.68m NOK → 4.12m NOK (33% → 38% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 2.94m NOK → 3.46m NOK (+17.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 134 NOK → 134.0k NOK. Reported fact