Org.nr 811 673 862 2013 → 2014 Year-over-year analysis

ADELIN AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-05-19; registry 2015-06-08; journal 2015 436730

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADELIN AS. Revenue 6.51m NOK → 6.73m NOK (+3.5%). Equity 844.6k NOK → 867.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

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

At a glance

Revenue

6.51m NOK 6.73m NOK

+3.5%

Operating result

+161.8k NOK +55.4k NOK

-65.8%

Equity

844.6k NOK 867.5k NOK

+2.7%

Cash

83.5k NOK 90.4k NOK

+8.4%

Total assets

2.07m NOK 2.20m NOK

+6.3%

↑
Revenue rose

Operating income / revenue moved from 6.51m NOK to 6.73m NOK (+3.5% YoY). Calculated
↑
Equity strengthened

Book equity 844.6k NOK → 867.5k NOK (equity ratio 40.8% → 39.4%). Calculated
↑
Cash rose

Bank deposits 83.5k NOK → 90.4k NOK (+8.4% YoY). Calculated

↓
Operating result weakened

Operating result +161.8k NOK → +55.4k NOK (op. margin 2.5% → 0.8%). Calculated

·
Payroll increased

Salary cost 1.96m NOK → 2.07m NOK (30% → 31% of revenue). Calculated
·
COGS moved

COGS / varekostnad 3.54m NOK → 3.70m NOK (+4.5% YoY). Calculated