Org.nr 959 934 924 2013 → 2014 Year-over-year analysis

ADECCO SOLUTIONS AS: årsregnskap 2014 vs 2013

Shrank 100% on revenue

approved 2015-05-29; registry 2015-09-16; journal 2015 840628

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADECCO SOLUTIONS AS. Revenue 975.40m NOK → 1.05m NOK (-99.9%). Equity 36.08m NOK → 34.57m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

975.40m NOK 1.05m NOK

-99.9%

Operating result

+13.59m NOK +14.53m NOK

+6.9%

Equity

36.08m NOK 34.57m NOK

-4.2%

Cash

168.10m NOK 130.67m NOK

-22.3%

Total assets

316.50m NOK 289.51m NOK

-8.5%

↑
Operating result improved

Operating result +13.59m NOK → +14.53m NOK (op. margin 1.4% → 1378.1%). Calculated

↓
Revenue fell

Operating income / revenue moved from 975.40m NOK to 1.05m NOK (-99.9% YoY). Calculated
↓
Equity eroded

Book equity 36.08m NOK → 34.57m NOK (equity ratio 11.4% → 11.9%). Calculated
↓
Cash fell

Bank deposits 168.10m NOK → 130.67m NOK (-22.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3.77m NOK → 7.84m NOK (0% → 744% of revenue). Calculated