FirmaIQ
Org.nr 890 002 552 2013 → 2014 Year-over-year analysis

A. THORESEN SERVICEVERKSTED AS: årsregnskap 2014 vs 2013

Grew 116350% on revenue, weaker earnings

approved 2015-05-29; registry 2015-07-15; journal 2015 601331

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for A. THORESEN SERVICEVERKSTED AS. Revenue 18.1k NOK → 21.11m NOK (+116350.3%). Net result +209.46m NOK → +18.55m NOK. Equity 3.08m NOK → 4.38m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. THORESEN SERVICEVERKSTED AS.

At a glance

Scorecard

Revenue
18.1k NOK 21.11m NOK
+116350.3%
Operating result
+220.31m NOK +1.69bn NOK
+665.9%
Net result
+209.46m NOK +18.55m NOK
-91.1%
Equity
3.08m NOK 4.38m NOK
+42.0%
Cash
1.93m NOK 2.96m NOK
+53.4%
Total assets
8.42m NOK 10.13m NOK
+20.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.1k NOK to 21.11m NOK (+116350.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +220.31m NOK → +1.69bn NOK (op. margin 1215360.5% → 7993.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.08m NOK → 4.38m NOK (equity ratio 36.6% → 43.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.93m NOK → 2.96m NOK (+53.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +209.46m NOK → +18.55m NOK (net margin 1155493.7% → 87.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.02m NOK → 1.34m NOK (5640% → 6% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 15.82m NOK → 16.79m NOK (+6.1% YoY). Calculated