A ULVESETH AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-06-30; registry 2015-07-30; journal 2015 670560
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A ULVESETH AS. Revenue 2.91m NOK → 2.88m NOK (-0.9%). Net result +622.0k NOK → +186.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; cogs moved.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.91m NOK
2.88m NOK
-0.9%
Operating result
+651.9k NOK
n/m
—
Net result
+622.0k NOK
+186.4k NOK
-70.0%
Cash
2.62m NOK
n/m
—
What improved
-
↑
Payroll decreased
Salary cost 5.87m NOK → 956.9k NOK (202% → 33% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.91m NOK to 2.88m NOK (-0.9% YoY). Calculated
-
↓
Net result weakened
Net result +622.0k NOK → +186.4k NOK (net margin 21.4% → 6.5%). Calculated
-
↓
COGS moved
COGS / varekostnad 492.6k NOK → 674.4k NOK (+36.9% YoY). Calculated