FirmaIQ
Org.nr 953 223 937 2013 → 2014 Year-over-year analysis

ADHOC SOFTWARE AS: årsregnskap 2014 vs 2013

Shrank 82% on revenue, slipped into loss, cash halved-plus

approved 2015-05-24; registry 2015-06-13; journal 2015 454152

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADHOC SOFTWARE AS. Revenue 181.5k NOK → 33.0k NOK (-81.8%). Net result +85.1k NOK → -16.0k NOK. Equity 1.20m NOK → 1.18m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADHOC SOFTWARE AS.

At a glance

Scorecard

Revenue
181.5k NOK 33.0k NOK
-81.8%
Net result
+85.1k NOK -16.0k NOK
-118.8%
Equity
1.20m NOK 1.18m NOK
-1.3%
Cash
1.27m NOK 206.7k NOK
-83.7%
Total assets
1.30m NOK 1.21m NOK
-6.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 181.5k NOK to 33.0k NOK (-81.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 85.1k NOK profit to a loss of 16.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.20m NOK → 1.18m NOK (equity ratio 92.3% → 97.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.27m NOK → 206.7k NOK (-83.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.27m NOK → 206.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation