Org.nr 984 587 651 2013 → 2014 Year-over-year analysis

A9 TEKNISKE NORGE AS: årsregnskap 2014 vs 2013

Grew 59% on revenue

approved 2015-10-06; registry 2015-10-17; journal 2015 940479

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for A9 TEKNISKE NORGE AS. Revenue 3.36m NOK → 5.33m NOK (+58.6%). Equity 518.0k NOK → 30.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A9 TEKNISKE NORGE AS.

Scorecard

Revenue
3.36m NOK 5.33m NOK
+58.6%
Equity
518.0k NOK 30.3k NOK
-94.2%
Cash
264.6k NOK 312.6k NOK
+18.1%
Total assets
1.95m NOK 2.61m NOK
+34.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.36m NOK to 5.33m NOK (+58.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 264.6k NOK → 312.6k NOK (+18.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 518.0k NOK → 30.3k NOK (equity ratio 26.6% → 1.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1.84m NOK → 2.25m NOK (+22.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15.0k NOK → 64.8k NOK. Reported fact