FirmaIQ
Org.nr 976 134 257 2013 → 2014 Year-over-year analysis

ACO NORWAY AS: årsregnskap 2014 vs 2013

Grew 26% on revenue, weaker earnings, cash halved-plus

approved 2015-06-24; registry 2015-07-15; journal 2015 598322

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ACO NORWAY AS. Revenue 124.16m NOK → 155.99m NOK (+25.6%). Net result +649.5k NOK → +178 NOK. Equity 16.39m NOK → 16.67m NOK.

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

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

At a glance

Scorecard

Revenue
124.16m NOK 155.99m NOK
+25.6%
Operating result
+359.1k NOK n/m
—
Net result
+649.5k NOK +178 NOK
-100.0%
Equity
16.39m NOK 16.67m NOK
+1.7%
Cash
24.42m NOK 1.41m NOK
-94.2%
Total assets
43.45m NOK 56.10m NOK
+29.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 124.16m NOK to 155.99m NOK (+25.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 16.39m NOK → 16.67m NOK (equity ratio 37.7% → 29.7%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +649.5k NOK → +178 NOK (net margin 0.5% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.42m NOK → 1.41m NOK (-94.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (24.42m NOK → 1.41m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation