ADD MEDIA AS: årsregnskap 2014 vs 2013
Shrank 42% on revenue
approved 2015-01-30; registry 2015-06-06; journal 2015 428711
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADD MEDIA AS. Revenue 8.08m NOK → 4.67m NOK (-42.1%). Equity 1.61m NOK → 1.78m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADD MEDIA AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.61m NOK → 1.78m NOK (equity ratio 45.8% → 61.9%). Calculated
-
↑
Cash rose
Bank deposits 0 NOK → 1.21m NOK (None YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.00× → 1.10×. Calculated
-
↑
Payroll decreased
Salary cost 2.20m NOK → 1.94m NOK (27% → 42% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.08m NOK to 4.67m NOK (-42.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.48m NOK → 1.66m NOK (-62.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 564.8k NOK → 130.0k NOK. Reported fact