FirmaIQ
Org.nr 995 981 661 2013 → 2014 Year-over-year analysis

ADR ELEKTRO AS: årsregnskap 2014 vs 2013

Grew 22% on revenue, stronger earnings, cash halved-plus

approved 2015-04-20; registry 2015-05-19; journal 2015 400715

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADR ELEKTRO AS. Revenue 7.27m NOK → 8.89m NOK (+22.1%). Net result +190.2k NOK → +754.1k NOK. Equity 470.8k NOK → 724.9k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADR ELEKTRO AS.

At a glance

Scorecard

Revenue
7.27m NOK 8.89m NOK
+22.1%
Net result
+190.2k NOK +754.1k NOK
+296.4%
Equity
470.8k NOK 724.9k NOK
+54.0%
Cash
464.1k NOK 64.9k NOK
-86.0%
Total assets
2.15m NOK 3.18m NOK
+47.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.27m NOK to 8.89m NOK (+22.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +190.2k NOK → +754.1k NOK (net margin 2.6% → 8.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 470.8k NOK → 724.9k NOK (equity ratio 21.8% → 22.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 464.1k NOK → 64.9k NOK (-86.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 013 NOK → 3.02m NOK (0% → 34% of revenue). Calculated