Org.nr 994 855 387 2013 → 2014 Year-over-year analysis

AD UNDAS AS: årsregnskap 2014 vs 2013

Grew 19% on revenue

approved 2015-06-30; registry 2015-07-22; journal 2015 629425

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AD UNDAS AS. Revenue 6.32m NOK → 7.49m NOK (+18.6%). Equity -266.6k NOK → -330.5k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AD UNDAS AS.

At a glance

Revenue

6.32m NOK 7.49m NOK

+18.6%

Net result

n/m +2 015 NOK

—

Equity

-266.6k NOK -330.5k NOK

-24.0%

Cash

233.2k NOK 287.8k NOK

+23.4%

Total assets

2.23m NOK 2.13m NOK

-4.8%

↑
Revenue rose

Operating income / revenue moved from 6.32m NOK to 7.49m NOK (+18.6% YoY). Calculated
↑
Cash rose

Bank deposits 233.2k NOK → 287.8k NOK (+23.4% YoY). Calculated

↓
Equity eroded

Book equity -266.6k NOK → -330.5k NOK (equity ratio -11.9% → -15.5%). Calculated

·
Thin equity buffer

Equity ratio is -15.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 1.31m NOK → 1.58m NOK (21% → 21% of revenue). Calculated
·
COGS moved

COGS / varekostnad 3.83m NOK → 4.45m NOK (+16.2% YoY). Calculated