FirmaIQ
Org.nr 961 387 582 2013 → 2014 Year-over-year analysis

ADMIN24 AS: årsregnskap 2014 vs 2013

Shrank 41% on revenue

approved 2016-05-02; registry 2016-05-07; journal 2016 416619

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADMIN24 AS. Revenue 986.2k NOK → 581.2k NOK (-41.1%). Equity 9 225 NOK → 78.3k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMIN24 AS.

At a glance

Scorecard

Revenue
986.2k NOK 581.2k NOK
-41.1%
Equity
9 225 NOK 78.3k NOK
+749.3%
Cash
5 002 NOK 53.3k NOK
+966.0%
Total assets
238.5k NOK 563.3k NOK
+136.2%

What improved

  • ↑

    Equity strengthened

    Book equity 9 225 NOK → 78.3k NOK (equity ratio 3.9% → 13.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 002 NOK → 53.3k NOK (+966.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 986.2k NOK to 581.2k NOK (-41.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.04× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 166.7k NOK → 199.1k NOK (17% → 34% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 801.9k NOK → 258.3k NOK (-67.8% YoY). Calculated