FirmaIQ
Org.nr 879 438 462 2013 → 2014 Year-over-year analysis

ACTIC NORGE AS: årsregnskap 2014 vs 2013

Shrank 88% on revenue, weaker earnings

approved 2015-05-04; registry 2015-07-23; journal 2015 633792

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ACTIC NORGE AS. Revenue 1.14bn NOK → 133.83m NOK (-88.3%). Net result +8.37m NOK → +6.42m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.14bn NOK 133.83m NOK
-88.3%
Operating result
+12.43m NOK n/m
—
Net result
+8.37m NOK +6.42m NOK
-23.3%
Equity
38.96m NOK n/m
—
Cash
28.93m NOK 33.98m NOK
+17.5%
Total assets
76.77m NOK 80.15m NOK
+4.4%

What improved

  • ↑

    Cash rose

    Bank deposits 28.93m NOK → 33.98m NOK (+17.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.14bn NOK to 133.83m NOK (-88.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +8.37m NOK → +6.42m NOK (net margin 0.7% → 4.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -41.08m NOK → 40.59m NOK (-4% → 30% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -221.1k NOK → 886.4k NOK (+501.0% YoY). Calculated