ADEO AS: årsregnskap 2014 vs 2013
Shrank 45% on revenue, weaker earnings, cash halved-plus
approved 2015-05-20; registry 2015-06-10; journal 2015 447803
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADEO AS. Revenue 584.5k NOK → 322.6k NOK (-44.8%). Net result +93.73m NOK → +152.2k NOK. Equity 80.1k NOK → 1.23m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADEO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +121.4k NOK → +240.07m NOK (op. margin 20.8% → 74422.7%). Calculated
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↑
Equity strengthened
Book equity 80.1k NOK → 1.23m NOK (equity ratio 4.0% → 79.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 584.5k NOK to 322.6k NOK (-44.8% YoY). Calculated
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↓
Net result weakened
Net result +93.73m NOK → +152.2k NOK (net margin 16035.5% → 47.2%). Calculated
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↓
Cash fell
Bank deposits 308.7k NOK → 42.2k NOK (-86.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 51.1k NOK → 30.2k NOK (-40.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 655.4k NOK → 649.7k NOK. Reported fact