FirmaIQ
Org.nr 982 057 892 2013 → 2014 Year-over-year analysis

99X INCREO AS: årsregnskap 2014 vs 2013

Shrank 18% on revenue, stronger earnings

approved 2015-03-10; registry 2015-04-11; journal 2015 350213

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 99X INCREO AS. Revenue 15.35m NOK → 12.59m NOK (-18.0%). Net result +285.9k NOK → +1.25m NOK. Equity 3.95m NOK → 3.21m NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
15.35m NOK 12.59m NOK
-18.0%
Operating result
+791.9k NOK +1.36m NOK
+72.2%
Net result
+285.9k NOK +1.25m NOK
+338.9%
Equity
3.95m NOK 3.21m NOK
-18.9%
Cash
6.59m NOK 5.50m NOK
-16.5%
Total assets
9.24m NOK 8.01m NOK
-13.3%

What improved

  • ↑

    Operating result improved

    Operating result +791.9k NOK → +1.36m NOK (op. margin 5.2% → 10.8%). Calculated

  • ↑

    Net result improved

    Net result +285.9k NOK → +1.25m NOK (net margin 1.9% → 10.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 8.76m NOK → 7.49m NOK (57% → 60% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.35m NOK to 12.59m NOK (-18.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 3.95m NOK → 3.21m NOK (equity ratio 42.8% → 40.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.59m NOK → 5.50m NOK (-16.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 357.2k NOK → 466.6k NOK (+30.6% YoY). Calculated