FirmaIQ
Org.nr 996 564 894 2013 → 2014 Year-over-year analysis

ALNG ASA: årsregnskap 2014 vs 2013

Grew 93% on revenue, weaker earnings, cash halved-plus

approved 2015-05-13; registry 2015-06-06; journal 2015 425179

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ALNG ASA. Revenue 5.53m NOK → 10.69m NOK (+93.4%). Net result +72.39m NOK → +2.33m NOK. Equity 194.50m NOK → 191.84m NOK.

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

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

At a glance

Scorecard

Revenue
5.53m NOK 10.69m NOK
+93.4%
Operating result
-27.45m NOK -10.38m NOK
+62.2%
Net result
+72.39m NOK +2.33m NOK
-96.8%
Equity
194.50m NOK 191.84m NOK
-1.4%
Cash
9.92m NOK 2.90m NOK
-70.8%
Total assets
513.59m NOK 497.50m NOK
-3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.53m NOK to 10.69m NOK (+93.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -27.45m NOK → -10.38m NOK (op. margin -496.8% → -97.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +72.39m NOK → +2.33m NOK (net margin 1310.0% → 21.8%). Calculated

  • ↓

    Equity eroded

    Book equity 194.50m NOK → 191.84m NOK (equity ratio 37.9% → 38.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.92m NOK → 2.90m NOK (-70.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (9.92m NOK → 2.90m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 987.53m NOK → 1.09m NOK. Reported fact