FirmaIQ
Org.nr 989 500 422 2013 → 2014 Year-over-year analysis

ACADEMICA MALERENTREPRENØREN AS: årsregnskap 2014 vs 2013

Shrank 15% on revenue, weaker earnings

approved 2015-03-29; registry 2015-06-20; journal 2015 491244

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ACADEMICA MALERENTREPRENØREN AS. Revenue 20.73m NOK → 17.70m NOK (-14.6%). Net result +2.06m NOK → +1.45m NOK. Equity 1.71m NOK → 2.15m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACADEMICA MALERENTREPRENØREN AS.

At a glance

Scorecard

Revenue
20.73m NOK 17.70m NOK
-14.6%
Operating result
+2.84m NOK +1.95m NOK
-31.5%
Net result
+2.06m NOK +1.45m NOK
-29.7%
Equity
1.71m NOK 2.15m NOK
+26.2%
Cash
3.22m NOK 2.71m NOK
-16.0%
Total assets
6.91m NOK 5.84m NOK
-15.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.71m NOK → 2.15m NOK (equity ratio 24.7% → 36.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.73m NOK to 17.70m NOK (-14.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.84m NOK → +1.95m NOK (op. margin 13.7% → 11.0%). Calculated

  • ↓

    Net result weakened

    Net result +2.06m NOK → +1.45m NOK (net margin 9.9% → 8.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.22m NOK → 2.71m NOK (-16.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.73m NOK → 6.31m NOK (28% → 36% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.14m NOK → 7.48m NOK (-26.3% YoY). Calculated