ACTIVESPORT AS: årsregnskap 2014 vs 2013
Grew 795% on revenue, returned to profit, cash halved-plus
approved 2015-05-11; registry 2015-08-12; journal 2015 701269
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACTIVESPORT AS. Revenue 81.0k NOK → 724.8k NOK (+794.7%). Net result -67.2k NOK → +63.6k NOK. Equity 30.3k NOK → 94.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACTIVESPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 81.0k NOK to 724.8k NOK (+794.7% YoY). Calculated
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↑
Operating result improved
Operating result -64.0k NOK → +81.2k NOK (op. margin -79.0% → 11.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 67.2k NOK to a profit of 63.6k NOK. Calculated
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↑
Equity strengthened
Book equity 30.3k NOK → 94.0k NOK (equity ratio 9.0% → 20.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 30.8k NOK → 431 NOK (-98.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 6 841 NOK → 24.8k NOK (8% → 3% of revenue). Calculated