ADVICE HUMAN RESOURCES AS: årsregnskap 2014 vs 2013
Grew 86% on revenue, cash halved-plus
approved 2015-06-15; registry 2015-09-05; journal 2015 793688
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVICE HUMAN RESOURCES AS. Revenue 1.21m NOK → 2.25m NOK (+86.1%). Net result -173.3k NOK → -160.0k NOK. Equity -71.3k NOK → 9 252 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVICE HUMAN RESOURCES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.21m NOK to 2.25m NOK (+86.1% YoY). Calculated
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↑
Operating result improved
Operating result -173.3k NOK → -160.0k NOK (op. margin -14.3% → -7.1%). Calculated
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↑
Net result improved
Net result -173.3k NOK → -160.0k NOK (net margin -14.3% → -7.1%). Calculated
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↑
Equity strengthened
Book equity -71.3k NOK → 9 252 NOK (equity ratio -190.9% → 100.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 37.3k NOK → 9 252 NOK (-75.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 561.8k NOK → 703.6k NOK (46% → 31% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 657.5k NOK → 484.2k NOK (-26.4% YoY). Calculated