ADMINCONTROL AS: årsregnskap 2014 vs 2013
Grew 48% on revenue, weaker earnings
approved 2015-02-02; registry 2015-04-07; journal 2015 343867
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADMINCONTROL AS. Revenue 38.26m NOK → 56.63m NOK (+48.0%). Net result +56.63m NOK → +2 014 NOK. Equity 4.00m NOK → 3.94m NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMINCONTROL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 38.26m NOK to 56.63m NOK (+48.0% YoY). Calculated
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↑
Cash rose
Bank deposits 8.30m NOK → 9.81m NOK (+18.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.81× → 1.02×. Calculated
What deteriorated
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↓
Net result weakened
Net result +56.63m NOK → +2 014 NOK (net margin 148.0% → 0.0%). Calculated
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↓
Equity eroded
Book equity 4.00m NOK → 3.94m NOK (equity ratio 19.0% → 15.5%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 198.2k NOK → 152.7k NOK. Reported fact