AE INVESTMENTS AS: årsregnskap 2014 vs 2013
Grew 26% on revenue, stronger earnings
approved 2015-03-26; registry 2015-04-13; journal 2015 346009
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AE INVESTMENTS AS. Revenue 71.98m NOK → 90.94m NOK (+26.3%). Net result +1.62m NOK → +2.64m NOK. Equity 9.61m NOK → 9.25m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AE INVESTMENTS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 71.98m NOK to 90.94m NOK (+26.3% YoY). Calculated
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↑
Operating result improved
Operating result -11.2k NOK → +5.31m NOK (op. margin -0.0% → 5.8%). Calculated
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↑
Net result improved
Net result +1.62m NOK → +2.64m NOK (net margin 2.3% → 2.9%). Calculated
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↑
Cash rose
Bank deposits 3.10m NOK → 3.15m NOK (+1.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 9.61m NOK → 9.25m NOK (equity ratio 90.1% → 82.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 33.89m NOK → 41.50m NOK (47% → 46% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 23.10m NOK → 32.77m NOK (+41.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5.90m NOK → 5.25m NOK. Reported fact