FirmaIQ
Org.nr 945 554 479 2013 → 2014 Year-over-year analysis

ADCO EIENDOMMER AS: årsregnskap 2014 vs 2013

Stronger earnings

approved 2015-04-24; registry 2015-05-09; journal 2015 387128

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADCO EIENDOMMER AS. Revenue 2.88m NOK → 2.82m NOK (-2.1%). Net result +40.4k NOK → +158.0k NOK. Equity 2.99m NOK → 3.15m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADCO EIENDOMMER AS.

At a glance

Scorecard

Revenue
2.88m NOK 2.82m NOK
-2.1%
Net result
+40.4k NOK +158.0k NOK
+291.2%
Equity
2.99m NOK 3.15m NOK
+5.3%
Cash
1.35m NOK 784.1k NOK
-41.8%
Total assets
26.53m NOK 25.61m NOK
-3.4%

What improved

  • ↑

    Net result improved

    Net result +40.4k NOK → +158.0k NOK (net margin 1.4% → 5.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.99m NOK → 3.15m NOK (equity ratio 11.3% → 12.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.88m NOK to 2.82m NOK (-2.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.35m NOK → 784.1k NOK (-41.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 36.9k NOK → 72.7k NOK (1% → 3% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.34m NOK → 140.1k NOK. Reported fact