FirmaIQ
Org.nr 992 122 110 2013 → 2014 Year-over-year analysis

ADAX NORGE AS: årsregnskap 2014 vs 2013

Grew 7% on revenue

approved 2015-03-09; registry 2015-06-11; journal 2015 452589

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADAX NORGE AS. Revenue 12.92m NOK → 13.83m NOK (+7.0%). Net result +463.1k NOK → +395.4k NOK. Equity 2.53m NOK → 3.93m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADAX NORGE AS.

At a glance

Scorecard

Revenue
12.92m NOK 13.83m NOK
+7.0%
Operating result
+584.9k NOK +864.0k NOK
+47.7%
Net result
+463.1k NOK +395.4k NOK
-14.6%
Equity
2.53m NOK 3.93m NOK
+55.1%
Cash
537.6k NOK 5.43m NOK
+910.2%
Total assets
3.70m NOK 6.85m NOK
+85.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.92m NOK to 13.83m NOK (+7.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +584.9k NOK → +864.0k NOK (op. margin 4.5% → 6.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.53m NOK → 3.93m NOK (equity ratio 68.5% → 57.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 537.6k NOK → 5.43m NOK (+910.2% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +463.1k NOK → +395.4k NOK (net margin 3.6% → 2.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8.98m NOK → 9.35m NOK (+4.1% YoY). Calculated