FirmaIQ
Org.nr 988 774 677 2013 → 2014 Year-over-year analysis

ADDCON NORDIC AS: årsregnskap 2014 vs 2013

Shrank 30% on revenue

approved 2015-05-21; registry 2015-09-02; journal 2015 777676

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADDCON NORDIC AS. Revenue 494.04m NOK → 344.85m NOK (-30.2%). Net result +584.0k NOK → +486.0k NOK. Equity 38.48m NOK → 38.97m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDCON NORDIC AS.

At a glance

Scorecard

Revenue
494.04m NOK 344.85m NOK
-30.2%
Operating result
+18.61m NOK +8.67m NOK
-53.4%
Net result
+584.0k NOK +486.0k NOK
-16.8%
Equity
38.48m NOK 38.97m NOK
+1.3%
Cash
10.37m NOK 6.45m NOK
-37.8%
Total assets
274.94m NOK 243.20m NOK
-11.5%

What improved

  • ↑

    Equity strengthened

    Book equity 38.48m NOK → 38.97m NOK (equity ratio 14.0% → 16.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 38.48m NOK → 38.97m NOK (+486.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 494.04m NOK to 344.85m NOK (-30.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +18.61m NOK → +8.67m NOK (op. margin 3.8% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +584.0k NOK → +486.0k NOK (net margin 0.1% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.37m NOK → 6.45m NOK (-37.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.40m NOK → 15.27m NOK (-0.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.63m NOK → 38.98m NOK. Reported fact