Org.nr 935 333 156 2013 → 2014 Year-over-year analysis

ADECCO NORGE AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-05-29; registry 2015-09-16; journal 2015 840688

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADECCO NORGE AS. Revenue 1.77bn NOK → 1.76bn NOK (-0.3%). Equity 276.17m NOK → 245.5k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADECCO NORGE AS.

At a glance

Revenue

1.77bn NOK 1.76bn NOK

-0.3%

Operating result

-42.30m NOK n/m

—

Equity

276.17m NOK 245.5k NOK

-99.9%

Cash

28.12m NOK 12.41m NOK

-55.9%

Total assets

1.06bn NOK 986.15m NOK

-6.9%

↑
Owners injected capital

Paid-in equity rose 242.5k NOK → 245.5k NOK (+3 003 NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 1.77bn NOK to 1.76bn NOK (-0.3% YoY). Calculated
↓
Equity eroded

Book equity 276.17m NOK → 245.5k NOK (equity ratio 26.1% → 0.0%). Calculated
↓
Cash fell

Bank deposits 28.12m NOK → 12.41m NOK (-55.9% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 9 NOK → 9.39m NOK (0% → 1% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation