FirmaIQ
Org.nr 965 800 689 2013 → 2014 Year-over-year analysis

ADAM & EVA FRISØR AS: årsregnskap 2014 vs 2013

Stronger earnings

approved 2015-02-25; registry 2015-05-04; journal 2015 377835

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADAM & EVA FRISØR AS. Revenue 4.50m NOK → 4.61m NOK (+2.6%). Net result +416.1k NOK → +548.71m NOK. Equity 202.8k NOK → 151.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADAM & EVA FRISØR AS.

At a glance

Scorecard

Revenue
4.50m NOK 4.61m NOK
+2.6%
Operating result
+582.4k NOK +755.86m NOK
+129674.8%
Net result
+416.1k NOK +548.71m NOK
+131778.8%
Equity
202.8k NOK 151.5k NOK
-25.3%
Cash
1.37m NOK 1.63m NOK
+18.8%
Total assets
1.61m NOK 1.82m NOK
+12.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.50m NOK to 4.61m NOK (+2.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +582.4k NOK → +755.86m NOK (op. margin 12.9% → 16380.8%). Calculated

  • ↑

    Net result improved

    Net result +416.1k NOK → +548.71m NOK (net margin 9.2% → 11891.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.37m NOK → 1.63m NOK (+18.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 202.8k NOK → 151.5k NOK (equity ratio 12.6% → 8.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2.76m NOK → 2.80m NOK (61% → 61% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 654.5k NOK → 618.8k NOK (-5.5% YoY). Calculated