Org.nr 833 420 542 2013 → 2014 Year-over-year analysis

A/S Hovinveien 7 og 9: årsregnskap 2014 vs 2013

Stronger earnings

approved 2015-04-07; registry 2015-08-18; journal 2015 721007

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for A/S Hovinveien 7 og 9. Revenue 1.41m NOK → 1.36m NOK (-3.8%). Net result -646.8k NOK → -162.3k NOK. Equity -695.2k NOK → -441.5k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
1.41m NOK 1.36m NOK
-3.8%
Operating result
-398.9k NOK +771.8k NOK
+293.5%
Net result
-646.8k NOK -162.3k NOK
+74.9%
Equity
-695.2k NOK -441.5k NOK
+36.5%
Cash
723.0k NOK 596.7k NOK
-17.5%
Total assets
5.82m NOK 5.44m NOK
-6.5%

What improved

  • ↑

    Operating result improved

    Operating result -398.9k NOK → +771.8k NOK (op. margin -28.3% → 56.9%). Calculated

  • ↑

    Net result improved

    Net result -646.8k NOK → -162.3k NOK (net margin -45.9% → -12.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -695.2k NOK → -441.5k NOK (equity ratio -12.0% → -8.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 27.4k NOK → 18.0k NOK (2% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.41m NOK to 1.36m NOK (-3.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 723.0k NOK → 596.7k NOK (-17.5% YoY). Calculated