FirmaIQ
Org.nr 957 997 392 2013 → 2014 Year-over-year analysis

ACHILLES FINANS AS: årsregnskap 2014 vs 2013

Grew 29% on revenue, slipped into loss

approved 2015-04-01; registry 2015-08-17; journal 2015 714028

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ACHILLES FINANS AS. Revenue 520.5k NOK → 672.6k NOK (+29.2%). Net result +81.9k NOK → -781.0k NOK. Equity 5.95m NOK → 5.17m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
520.5k NOK 672.6k NOK
+29.2%
Operating result
+139.4k NOK +316.7k NOK
+127.3%
Net result
+81.9k NOK -781.0k NOK
-1053.1%
Equity
5.95m NOK 5.17m NOK
-13.1%
Cash
2 279 NOK 2.35m NOK
+102887.2%
Total assets
8.39m NOK 7.51m NOK
-10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 520.5k NOK to 672.6k NOK (+29.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +139.4k NOK → +316.7k NOK (op. margin 26.8% → 47.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 279 NOK → 2.35m NOK (+102887.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 239.4k NOK → 171.8k NOK (46% → 26% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 81.9k NOK profit to a loss of 781.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.95m NOK → 5.17m NOK (equity ratio 70.9% → 68.8%). Calculated