FirmaIQ
Org.nr 980 817 970 2013 → 2014 Year-over-year analysis

ADDISCO AS: årsregnskap 2014 vs 2013

Shrank 13% on revenue

approved 2015-04-21; registry 2015-06-10; journal 2015 448483

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADDISCO AS. Revenue 23.71m NOK → 20.55m NOK (-13.3%). Equity 11.72m NOK → 14.41m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADDISCO AS.

At a glance

Scorecard

Revenue
23.71m NOK 20.55m NOK
-13.3%
Operating result
+533.5k NOK +3.57m NOK
+568.5%
Equity
11.72m NOK 14.41m NOK
+22.9%
Cash
11.60m NOK 13.89m NOK
+19.8%
Total assets
13.67m NOK 16.30m NOK
+19.2%

What improved

  • ↑

    Operating result improved

    Operating result +533.5k NOK → +3.57m NOK (op. margin 2.3% → 17.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.72m NOK → 14.41m NOK (equity ratio 85.7% → 88.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.60m NOK → 13.89m NOK (+19.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.71m NOK to 20.55m NOK (-13.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.62m NOK → 1.85m NOK (7% → 9% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.49m NOK → 13.38m NOK (-18.9% YoY). Calculated