Org.nr 961 109 337 2013 → 2014 Year-over-year analysis

A GULLAKSEN & SØNNER AS: årsregnskap 2014 vs 2013

Shrank 8% on revenue, weaker earnings

approved 2015-07-13; registry 2015-09-01; journal 2015 773774

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A GULLAKSEN & SØNNER AS. Revenue 28.97m NOK → 26.64m NOK (-8.0%). Net result +8.38m NOK → +4.82m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A GULLAKSEN & SØNNER AS.

At a glance

Revenue

28.97m NOK 26.64m NOK

-8.0%

Operating result

+10.18m NOK +5.63m NOK

-44.7%

Net result

+8.38m NOK +4.82m NOK

-42.5%

↓
Revenue fell

Operating income / revenue moved from 28.97m NOK to 26.64m NOK (-8.0% YoY). Calculated
↓
Operating result weakened

Operating result +10.18m NOK → +5.63m NOK (op. margin 35.1% → 21.1%). Calculated
↓
Net result weakened

Net result +8.38m NOK → +4.82m NOK (net margin 28.9% → 18.1%). Calculated
↓
Payroll up without matching revenue

Salary cost 6.56m NOK → 7.02m NOK (23% → 26% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 457.1k NOK → 707.6k NOK (+54.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 3 640 NOK → 3.64m NOK. Reported fact