FirmaIQ
Org.nr 921 111 347 2013 → 2014 Year-over-year analysis

AKERSGATA 18 AS: årsregnskap 2014 vs 2013

Grew 18% on revenue, cash halved-plus

approved 2015-04-29; registry 2015-06-16; journal 2015 463412

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AKERSGATA 18 AS. Revenue 18.41m NOK → 21.74m NOK (+18.1%). Net result +1 158 NOK → +3 422 NOK. Equity -47.28m NOK → -43.85m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKERSGATA 18 AS.

At a glance

Scorecard

Revenue
18.41m NOK 21.74m NOK
+18.1%
Operating result
+13.63m NOK +16.46m NOK
+20.8%
Net result
+1 158 NOK +3 422 NOK
+195.5%
Equity
-47.28m NOK -43.85m NOK
+7.2%
Cash
6.71m NOK 1.13m NOK
-83.2%
Total assets
198.44m NOK 187.63m NOK
-5.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.41m NOK to 21.74m NOK (+18.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +13.63m NOK → +16.46m NOK (op. margin 74.0% → 75.7%). Calculated

  • ↑

    Net result improved

    Net result +1 158 NOK → +3 422 NOK (net margin 0.0% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -47.28m NOK → -43.85m NOK (equity ratio -23.8% → -23.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.16m NOK → 1.64m NOK (39% → 8% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 6.71m NOK → 1.13m NOK (-83.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (6.71m NOK → 1.13m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 29.05m NOK → 29.00m NOK. Reported fact