Org.nr 987 475 544 2013 → 2014 Year-over-year analysis

ADVANCED ENGINEERING SYSTEMS AS: årsregnskap 2014 vs 2013

Grew 42% on revenue

approved 2015-03-12; registry 2015-03-18; journal 2015 329222

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVANCED ENGINEERING SYSTEMS AS. Revenue 3.41m NOK → 4.82m NOK (+41.5%). Equity 437.1k NOK → 463.2k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVANCED ENGINEERING SYSTEMS AS.

Scorecard

Revenue
3.41m NOK 4.82m NOK
+41.5%
Net result
n/m +226.1k NOK
—
Equity
437.1k NOK 463.2k NOK
+6.0%
Cash
143.9k NOK 263.3k NOK
+82.9%
Total assets
1.95m NOK 1.90m NOK
-2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.41m NOK to 4.82m NOK (+41.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 437.1k NOK → 463.2k NOK (equity ratio 22.4% → 24.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 143.9k NOK → 263.3k NOK (+82.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.93m NOK → 3.05m NOK (+57.8% YoY). Calculated