ADVANTAGE AS: årsregnskap 2014 vs 2013
Grew 151% on revenue, returned to profit, cash halved-plus
approved 2015-05-29; registry 2015-09-15; journal 2015 833772
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVANTAGE AS. Revenue 340.4k NOK → 854.2k NOK (+150.9%). Net result -253.9k NOK → +2 014 NOK. Equity -222.7k NOK → 132.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVANTAGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 340.4k NOK to 854.2k NOK (+150.9% YoY). Calculated
-
↑
Operating result improved
Operating result +37.0k NOK → +7.49m NOK (op. margin 10.9% → 877.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 253.9k NOK to a profit of 2 014 NOK. Calculated
-
↑
Equity strengthened
Book equity -222.7k NOK → 132.4k NOK (equity ratio -51.1% → 18.1%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 390.1k NOK → 4 216 NOK (-98.9% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 230.5k NOK → 1.16m NOK (68% → 136% of revenue). Calculated