FirmaIQ
Org.nr 966 962 429 2013 → 2014 Year-over-year analysis

ADCOM HOLDING AS: årsregnskap 2014 vs 2013

Shrank 27% on revenue, stronger earnings

approved 2015-04-14; registry 2015-05-19; journal 2015 399939

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADCOM HOLDING AS. Revenue 2.66m NOK → 1.95m NOK (-26.8%). Net result +90.8k NOK → +579.9k NOK. Equity 1.66m NOK → 1.08m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.66m NOK 1.95m NOK
-26.8%
Operating result
+150.9k NOK +790.9k NOK
+424.2%
Net result
+90.8k NOK +579.9k NOK
+538.3%
Equity
1.66m NOK 1.08m NOK
-35.0%
Cash
1.01m NOK 924.6k NOK
-8.1%
Total assets
2.13m NOK 1.89m NOK
-11.0%

What improved

  • ↑

    Operating result improved

    Operating result +150.9k NOK → +790.9k NOK (op. margin 5.7% → 40.6%). Calculated

  • ↑

    Net result improved

    Net result +90.8k NOK → +579.9k NOK (net margin 3.4% → 29.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.66m NOK to 1.95m NOK (-26.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.66m NOK → 1.08m NOK (equity ratio 78.0% → 57.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.01m NOK → 924.6k NOK (-8.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 151.2k NOK → 1.11m NOK (6% → 57% of revenue). Calculated