FirmaIQ
Org.nr 985 253 846 2013 → 2014 Year-over-year analysis

AD NAVIGATION AS: årsregnskap 2014 vs 2013

Grew 46% on revenue, cash halved-plus

approved 2015-06-22; registry 2015-07-14; journal 2015 596192

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AD NAVIGATION AS. Revenue 6.00m NOK → 8.74m NOK (+45.6%). Equity 1.76m NOK → 1.77m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AD NAVIGATION AS.

At a glance

Scorecard

Revenue
6.00m NOK 8.74m NOK
+45.6%
Operating result
-593.9k NOK n/m
—
Net result
-541.9k NOK n/m
—
Equity
1.76m NOK 1.77m NOK
+0.5%
Cash
2.13m NOK 893.2k NOK
-58.1%
Total assets
574.7k NOK 4.97m NOK
+765.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.00m NOK to 8.74m NOK (+45.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.76m NOK → 1.77m NOK (equity ratio 306.7% → 35.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.13m NOK → 893.2k NOK (-58.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.03m NOK → 2.38m NOK (34% → 27% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 4.08m NOK → 3.40m NOK (-16.7% YoY). Calculated