Org.nr 990 727 007 2013 → 2014 Year-over-year analysis

BEVEST ASA: årsregnskap 2014 vs 2013

Grew 8% on revenue

approved 2015-05-13; registry 2015-07-08; journal 2015 567455

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for BEVEST ASA. Revenue 354 NOK → 384 NOK (+8.5%). Equity 81.32m NOK → 46.24m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

At a glance

Revenue

354 NOK 384 NOK

+8.5%

Equity

81.32m NOK 46.24m NOK

-43.1%

Cash

1.36m NOK 1.10m NOK

-19.1%

Total assets

131.76m NOK 96.22m NOK

-27.0%

↑
Revenue rose

Operating income / revenue moved from 354 NOK to 384 NOK (+8.5% YoY). Calculated

↓
Equity eroded

Book equity 81.32m NOK → 46.24m NOK (equity ratio 61.7% → 48.1%). Calculated
↓
Cash fell

Bank deposits 1.36m NOK → 1.10m NOK (-19.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 5.60× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Paid-in equity reduced

Paid-in equity fell 84.02m NOK → 79.03m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Payroll increased

Salary cost 178 NOK → 124.0k NOK (50% → 32292% of revenue). Calculated
·
COGS fell

COGS / varekostnad 2.83m NOK → 2.33m NOK (-17.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 12.2k NOK → 14.19m NOK. Reported fact