Org.nr 886 582 412 2013 → 2014 Year-over-year analysis

AQUA BIO TECHNOLOGY ASA: årsregnskap 2014 vs 2013

A steady year on the published lines

approved 2015-06-03; registry 2015-09-03; journal 2015 794826

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AQUA BIO TECHNOLOGY ASA. Revenue 22.79m NOK → 22.46m NOK (-1.5%). Net result +820.6k NOK → +916.8k NOK. Equity 78.13m NOK → 75.31m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AQUA BIO TECHNOLOGY ASA.

Scorecard

Revenue
22.79m NOK 22.46m NOK
-1.5%
Operating result
+1.78m NOK -544.6k NOK
-130.5%
Net result
+820.6k NOK +916.8k NOK
+11.7%
Equity
78.13m NOK 75.31m NOK
-3.6%
Cash
27.00m NOK 29.22m NOK
+8.2%
Total assets
90.47m NOK 91.69m NOK
+1.3%

What improved

  • ↑

    Net result improved

    Net result +820.6k NOK → +916.8k NOK (net margin 3.6% → 4.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 27.00m NOK → 29.22m NOK (+8.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.79m NOK to 22.46m NOK (-1.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.78m NOK → -544.6k NOK (op. margin 7.8% → -2.4%). Calculated

  • ↓

    Equity eroded

    Book equity 78.13m NOK → 75.31m NOK (equity ratio 86.4% → 82.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 72.35m NOK → 62.58m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 653.7k NOK → 326.0k NOK (-50.1% YoY). Calculated