Org.nr 975 256 677 2013 → 2014 Year-over-year analysis

ADVISUM AS: årsregnskap 2014 vs 2013

Shrank 11% on revenue

approved 2015-06-30; registry 2015-09-05; journal 2015 788408

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVISUM AS. Revenue 2.61m NOK → 2.33m NOK (-10.7%). Equity 1.11m NOK → 2.28m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVISUM AS.

At a glance

Revenue

2.61m NOK 2.33m NOK

-10.7%

Operating result

+697.2k NOK n/m

—

Equity

1.11m NOK 2.28m NOK

+106.3%

Cash

296.8k NOK 492.0k NOK

+65.8%

Total assets

4.00m NOK 5.26m NOK

+31.4%

↑
Equity strengthened

Book equity 1.11m NOK → 2.28m NOK (equity ratio 27.7% → 43.4%). Calculated
↑
Cash rose

Bank deposits 296.8k NOK → 492.0k NOK (+65.8% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.61m NOK to 2.33m NOK (-10.7% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.15m NOK → 1.18m NOK (44% → 51% of revenue). Calculated

·
COGS fell

COGS / varekostnad 107.7k NOK → 2 200 NOK (-98.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 948.1k NOK → 522.7k NOK. Reported fact