FirmaIQ
Org.nr 979 953 046 2013 → 2014 Year-over-year analysis

ADOBE SYSTEMS NORGE AS: årsregnskap 2014 vs 2013

Shrank 13% on revenue

approved 2015-05-22; registry 2015-07-23; journal 2015 629549

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADOBE SYSTEMS NORGE AS. Revenue 5.99m NOK → 5.22m NOK (-12.8%). Net result +1.50m NOK → +1.50m NOK. Equity 2.19m NOK → 1.01m NOK.

On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
5.99m NOK 5.22m NOK
-12.8%
Operating result
+1.50m NOK +2.05m NOK
+36.4%
Net result
+1.50m NOK +1.50m NOK
0.0%
Equity
2.19m NOK 1.01m NOK
-54.0%
Cash
2.00m NOK 2.15m NOK
+7.1%
Total assets
3.19m NOK 5.00m NOK
+56.5%

What improved

  • ↑

    Operating result improved

    Operating result +1.50m NOK → +2.05m NOK (op. margin 25.1% → 39.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.00m NOK → 2.15m NOK (+7.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.78m NOK → 2.54m NOK (63% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.99m NOK to 5.22m NOK (-12.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.19m NOK → 1.01m NOK (equity ratio 68.6% → 20.2%). Calculated