FirmaIQ
Org.nr 957 722 733 2013 → 2014 Year-over-year analysis

ADL PRODUKTER AS: årsregnskap 2014 vs 2013

Grew 15% on revenue, stronger earnings

approved 2015-05-19; registry 2015-06-18; journal 2015 488942

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADL PRODUKTER AS. Revenue 1.87m NOK → 2.14m NOK (+14.9%). Net result +73.4k NOK → +96.2k NOK. Equity 300.9k NOK → 397.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADL PRODUKTER AS.

At a glance

Scorecard

Revenue
1.87m NOK 2.14m NOK
+14.9%
Operating result
+104.9k NOK +130.0k NOK
+24.0%
Net result
+73.4k NOK +96.2k NOK
+31.1%
Equity
300.9k NOK 397.1k NOK
+32.0%
Cash
356.5k NOK 585.6k NOK
+64.3%
Total assets
841.2k NOK 55.6k NOK
-93.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.87m NOK to 2.14m NOK (+14.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +104.9k NOK → +130.0k NOK (op. margin 5.6% → 6.1%). Calculated

  • ↑

    Net result improved

    Net result +73.4k NOK → +96.2k NOK (net margin 3.9% → 4.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 300.9k NOK → 397.1k NOK (equity ratio 35.8% → 714.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 356.5k NOK → 585.6k NOK (+64.3% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.38× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 962.8k NOK → 65.7k NOK (-93.2% YoY). Calculated