FirmaIQ
Org.nr 944 763 317 2013 → 2014 Year-over-year analysis

A/S SCAN AFRICAN: årsregnskap 2014 vs 2013

Shrank 8% on revenue, weaker earnings, cash halved-plus

approved 2015-05-20; registry 2015-06-20; journal 2015 494412

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A/S SCAN AFRICAN. Revenue 1.01m NOK → 930.8k NOK (-7.7%). Net result +39.8k NOK → +6 339 NOK. Equity 2.24m NOK → 2.24m NOK.

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

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.

At a glance

Scorecard

Revenue
1.01m NOK 930.8k NOK
-7.7%
Operating result
+35.3k NOK n/m
—
Net result
+39.8k NOK +6 339 NOK
-84.1%
Equity
2.24m NOK 2.24m NOK
+0.3%
Cash
67.90m NOK 1 118 NOK
-100.0%
Total assets
4.69m NOK 4.59m NOK
-2.1%

What improved

  • ↑

    Equity strengthened

    Book equity 2.24m NOK → 2.24m NOK (equity ratio 47.7% → 48.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.01m NOK to 930.8k NOK (-7.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +39.8k NOK → +6 339 NOK (net margin 3.9% → 0.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 67.90m NOK → 1 118 NOK (-100.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 527.8k NOK (0% → 57% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (67.90m NOK → 1 118 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 49.9k NOK → 3 788 NOK (-92.4% YoY). Calculated