ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2014 vs 2013
Stronger earnings
approved 2015-03-26; registry 2015-06-15; journal 2015 450911
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 11.41m NOK → 11.06m NOK (-3.1%). Net result -4.20m NOK → -3.18m NOK. Equity 232.9k NOK → 308.0k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -4.20m NOK → -3.18m NOK (net margin -36.8% → -28.7%). Calculated
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↑
Equity strengthened
Book equity 232.9k NOK → 308.0k NOK (equity ratio 98.6% → 98.8%). Calculated
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Cash rose
Bank deposits 33.66m NOK → 88.28m NOK (+162.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.41m NOK to 11.06m NOK (-3.1% YoY). Calculated
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↓
Operating result weakened
Operating result -5.62m NOK → -6.16m NOK (op. margin -49.3% → -55.6%). Calculated
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↓
COGS moved
COGS / varekostnad 1 000 NOK → 21.04m NOK (+2103800.0% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 136.89m NOK → 215.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 174.69m NOK → 174.7k NOK. Reported fact