Org.nr 981 969 243 2013 → 2014 Year-over-year analysis

ACORN VANNRENS AS: årsregnskap 2014 vs 2013

Grew 28% on revenue

approved 2015-04-07; registry 2015-06-08; journal 2015 433760

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ACORN VANNRENS AS. Revenue 155.0k NOK → 198.0k NOK (+27.7%). Equity 100.6k NOK → 62.4k NOK.

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

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ACORN VANNRENS AS.

Scorecard

Revenue
155.0k NOK 198.0k NOK
+27.7%
Operating result
-1 917 NOK +98.0k NOK
+5213.1%
Equity
100.6k NOK 62.4k NOK
-38.0%
Cash
22.3k NOK 70.8k NOK
+216.7%
Total assets
175.4k NOK 195.1k NOK
+11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 155.0k NOK to 198.0k NOK (+27.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1 917 NOK → +98.0k NOK (op. margin -1.2% → 49.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.3k NOK → 70.8k NOK (+216.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.63× → 1.05×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 100.6k NOK → 62.4k NOK (equity ratio 57.4% → 32.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 68.8k NOK → 10.1k NOK (-85.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 128.3k NOK → 55.3k NOK. Reported fact