Org.nr 884 337 852 2013 → 2014 Year-over-year analysis

ACTIVE INNOVATION AS: årsregnskap 2014 vs 2013

Grew 12% on revenue, weaker earnings, cash halved-plus

approved 2015-06-24; registry 2015-07-08; journal 2015 578487

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ACTIVE INNOVATION AS. Revenue 419.8k NOK → 471.8k NOK (+12.4%). Net result +176.4k NOK → +106.8k NOK. Equity 451.4k NOK → 558.2k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTIVE INNOVATION AS.

Scorecard

Revenue
419.8k NOK 471.8k NOK
+12.4%
Operating result
+243.7k NOK +145.2k NOK
-40.4%
Net result
+176.4k NOK +106.8k NOK
-39.5%
Equity
451.4k NOK 558.2k NOK
+23.6%
Cash
505.6k NOK 109.9k NOK
-78.3%
Total assets
1.35m NOK 851.8k NOK
-36.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 419.8k NOK to 471.8k NOK (+12.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 451.4k NOK → 558.2k NOK (equity ratio 33.5% → 65.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +243.7k NOK → +145.2k NOK (op. margin 58.1% → 30.8%). Calculated

  • ↓

    Net result weakened

    Net result +176.4k NOK → +106.8k NOK (net margin 42.0% → 22.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 505.6k NOK → 109.9k NOK (-78.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 155.5k NOK. Reported fact