ADWIZO AS: årsregnskap 2014 vs 2013
Grew 290% on revenue
approved 2015-06-30; registry 2015-09-29; journal 2015 890116
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADWIZO AS. Revenue 184.5k NOK → 720.1k NOK (+290.3%). Net result +7 927 NOK → +933 NOK. Equity 40.2k NOK → 41.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADWIZO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 184.5k NOK to 720.1k NOK (+290.3% YoY). Calculated
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↑
Cash rose
Bank deposits 20.2k NOK → 22.4k NOK (+11.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +13.2k NOK → +1 303 NOK (op. margin 7.1% → 0.2%). Calculated
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↓
Net result weakened
Net result +7 927 NOK → +933 NOK (net margin 4.3% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 13 NOK → 11.55m NOK (0% → 1604% of revenue). Calculated