Org.nr 998 274 729 2013 → 2014 Year-over-year analysis

ADWIZO AS: årsregnskap 2014 vs 2013

Grew 290% on revenue

approved 2015-06-30; registry 2015-09-29; journal 2015 890116

Full company analysis · All year comparisons

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.

Scorecard

Revenue
184.5k NOK 720.1k NOK
+290.3%
Operating result
+13.2k NOK +1 303 NOK
-90.1%
Net result
+7 927 NOK +933 NOK
-88.2%
Equity
40.2k NOK 41.1k NOK
+2.3%
Cash
20.2k NOK 22.4k NOK
+11.2%
Total assets
160.2k NOK 545.7k NOK
+240.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 184.5k NOK to 720.1k NOK (+290.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 20.2k NOK → 22.4k NOK (+11.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +13.2k NOK → +1 303 NOK (op. margin 7.1% → 0.2%). Calculated

  • ↓

    Net result weakened

    Net result +7 927 NOK → +933 NOK (net margin 4.3% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 13 NOK → 11.55m NOK (0% → 1604% of revenue). Calculated