A.L. HØYER AS: årsregnskap 2014 vs 2013
Grew 13% on revenue, cash halved-plus
approved 2015-03-31; registry 2015-04-18; journal 2015 358008
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A.L. HØYER AS. Revenue 30.40m NOK → 34.33m NOK (+12.9%). Net result +785.2k NOK → +704.9k NOK. Equity 1.28m NOK → 1.96m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A.L. HØYER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 30.40m NOK to 34.33m NOK (+12.9% YoY). Calculated
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↑
Equity strengthened
Book equity 1.28m NOK → 1.96m NOK (equity ratio 13.5% → 15.6%). Calculated
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↑
Payroll decreased
Salary cost 11.62m NOK → 9.40m NOK (38% → 27% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.06m NOK → +971.0k NOK (op. margin 3.5% → 2.8%). Calculated
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↓
Net result weakened
Net result +785.2k NOK → +704.9k NOK (net margin 2.6% → 2.1%). Calculated
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↓
Cash fell
Bank deposits 3.58m NOK → 1.54m NOK (-57.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 14.87m NOK → 21.52m NOK (+44.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 437.2k NOK → 225.7k NOK. Reported fact