Org.nr 992 009 241 2013 → 2014 Year-over-year analysis

ADVANIA NORGE AS: årsregnskap 2014 vs 2013

Grew 42% on revenue

approved 2015-02-06; registry 2015-02-16; journal 2015 306215

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVANIA NORGE AS. Revenue 124.15m NOK → 175.80m NOK (+41.6%). Equity 13.09m NOK → 17.26m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANIA NORGE AS.

Scorecard

Revenue
124.15m NOK 175.80m NOK
+41.6%
Operating result
n/m +2 NOK
—
Equity
13.09m NOK 17.26m NOK
+31.9%
Cash
22.08m NOK 28.47m NOK
+28.9%
Total assets
36.99m NOK 52.50m NOK
+41.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 124.15m NOK to 175.80m NOK (+41.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 13.09m NOK → 17.26m NOK (equity ratio 35.4% → 32.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.08m NOK → 28.47m NOK (+28.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.62m NOK → 7.95m NOK (5% → 5% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 104.27m NOK → 149.02m NOK (+42.9% YoY). Calculated