ADURNA AS: årsregnskap 2014 vs 2013
Grew 102% on revenue, cash halved-plus
approved 2015-04-28; registry 2015-06-01; journal 2015 417340
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADURNA AS. Revenue 381.5k NOK → 771.4k NOK (+102.2%). Equity -2.00m NOK → -1.74m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADURNA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 381.5k NOK to 771.4k NOK (+102.2% YoY). Calculated
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↑
Operating result improved
Operating result -398.1k NOK → -8 676 NOK (op. margin -104.3% → -1.1%). Calculated
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↑
Equity strengthened
Book equity -2.00m NOK → -1.74m NOK (equity ratio -19.3% → -16.6%). Calculated
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↑
Payroll decreased
Salary cost 574.0k NOK → 567.7k NOK (150% → 74% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.28m NOK → 475.4k NOK (-79.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.28m NOK → 475.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 5.18m NOK → 3.77m NOK. Reported fact