Org.nr 976 145 178 2014 → 2015 Year-over-year analysis

ADDSECURE AS: årsregnskap 2015 vs 2014

Grew 116374% on revenue, fresh owner capital

approved 2016-02-10; registry 2016-07-26; journal 2016 745408

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADDSECURE AS. Revenue 95.4k NOK → 111.12m NOK (+116374.5%). Equity 92.92m NOK → 100.18m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.

Scorecard

Revenue
95.4k NOK 111.12m NOK
+116374.5%
Equity
92.92m NOK 100.18m NOK
+7.8%
Cash
10.0k NOK 84.95m NOK
+846933.6%
Total assets
144.90m NOK 202.4k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 95.4k NOK to 111.12m NOK (+116374.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 92.92m NOK → 100.18m NOK (equity ratio 64.1% → 49486.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.0k NOK → 84.95m NOK (+846933.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 31.7k NOK → 30.11m NOK (+30.08m NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 36.7k NOK → 32.53m NOK (38% → 29% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 27.9k NOK → 32.95m NOK (+118049.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 44.3k NOK → 44.47m NOK. Reported fact