Org.nr 992 037 601 2013 → 2014 Year-over-year analysis

ACCENTURE AS: årsregnskap 2014 vs 2013

Grew 20% on revenue, stronger earnings, cash halved-plus

approved 2015-01-16; registry 2015-01-19; journal 2015 301214

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ACCENTURE AS. Revenue 1.61bn NOK → 1.94bn NOK (+20.1%). Net result +13.01m NOK → +40.61m NOK. Equity 375.16m NOK → 415.77m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACCENTURE AS.

Scorecard

Revenue
1.61bn NOK 1.94bn NOK
+20.1%
Operating result
+25.08m NOK +52.88m NOK
+110.9%
Net result
+13.01m NOK +40.61m NOK
+212.1%
Equity
375.16m NOK 415.77m NOK
+10.8%
Cash
7.22bn NOK 625.51m NOK
-91.3%
Total assets
980.66m NOK 1.17bn NOK
+19.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61bn NOK to 1.94bn NOK (+20.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +25.08m NOK → +52.88m NOK (op. margin 1.6% → 2.7%). Calculated

  • ↑

    Net result improved

    Net result +13.01m NOK → +40.61m NOK (net margin 0.8% → 2.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 375.16m NOK → 415.77m NOK (equity ratio 38.3% → 35.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 7.22bn NOK → 625.51m NOK (-91.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.22bn NOK → 625.51m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation