Org.nr 987 794 666 2013 → 2014 Year-over-year analysis

ADECCO GROUP NORWAY AS: årsregnskap 2014 vs 2013

Grew 94214% on revenue

approved 2015-05-27; registry 2015-09-16; journal 2015 840744

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADECCO GROUP NORWAY AS. Revenue 394.2k NOK → 371.81m NOK (+94214.4%). Equity 37.61m NOK → 44.40m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADECCO GROUP NORWAY AS.

At a glance

Revenue

394.2k NOK 371.81m NOK

+94214.4%

Operating result

+16.59m NOK n/m

—

Net result

n/m +10.29m NOK

—

Equity

37.61m NOK 44.40m NOK

+18.0%

Cash

48.76m NOK 50.02m NOK

+2.6%

Total assets

118.34m NOK 118.24m NOK

-0.1%

↑
Revenue rose

Operating income / revenue moved from 394.2k NOK to 371.81m NOK (+94214.4% YoY). Calculated
↑
Equity strengthened

Book equity 37.61m NOK → 44.40m NOK (equity ratio 31.8% → 37.6%). Calculated
↑
Cash rose

Bank deposits 48.76m NOK → 50.02m NOK (+2.6% YoY). Calculated
↑
Payroll decreased

Salary cost 7.35m NOK → 7.32m NOK (1865% → 2% of revenue). Calculated

↓
Current ratio dropped below 1×

Current ratio 1.41× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 1.40m NOK → 1.31m NOK. Reported fact