ADELSMANN AS: årsregnskap 2014 vs 2013
Slipped into loss
approved 2015-06-30; registry 2015-08-22; journal 2015 733804
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADELSMANN AS. Revenue 5.54m NOK → 5.66m NOK (+2.1%). Net result +313.04m NOK → -114.64m NOK. Equity 1.70m NOK → 1.59m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADELSMANN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.54m NOK to 5.66m NOK (+2.1% YoY). Calculated
-
↑
Cash rose
Bank deposits 550.4k NOK → 747.3k NOK (+35.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +431.8k NOK → -98.43m NOK (op. margin 7.8% → -1740.4%). Calculated
-
↓
Fell into a net loss
Net result flipped from 313.04m NOK profit to a loss of 114.64m NOK. Calculated
-
↓
Equity eroded
Book equity 1.70m NOK → 1.59m NOK (equity ratio 46.8% → 58.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.45m NOK → 1.84m NOK (26% → 33% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 2.52m NOK → 2.63m NOK (+4.2% YoY). Calculated