ADF AS: årsregnskap 2014 vs 2013
Grew 24% on revenue, weaker earnings
approved 2015-04-24; registry 2015-05-06; journal 2015 383565
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADF AS. Revenue 1.98m NOK → 2.45m NOK (+23.7%). Net result +259.7k NOK → +151.2k NOK. Equity 403.4k NOK → 554.5k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.98m NOK to 2.45m NOK (+23.7% YoY). Calculated
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↑
Equity strengthened
Book equity 403.4k NOK → 554.5k NOK (equity ratio 45.4% → 58.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +364.0k NOK → +212.2k NOK (op. margin 18.4% → 8.7%). Calculated
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↓
Net result weakened
Net result +259.7k NOK → +151.2k NOK (net margin 13.1% → 6.2%). Calculated
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↓
Cash fell
Bank deposits 126.4k NOK → 104.8k NOK (-17.1% YoY). Calculated