EAZYCOM AS: årsregnskap 2014 vs 2013
Grew 26% on revenue, stronger earnings
approved 2015-06-30; registry 2015-10-17; journal 2015 940485
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for EAZYCOM AS. Revenue 719.5k NOK → 903.9k NOK (+25.6%). Net result +471.0k NOK → +890.8k NOK. Equity 929.1k NOK → 920.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for EAZYCOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 719.5k NOK to 903.9k NOK (+25.6% YoY). Calculated
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↑
Operating result improved
Operating result +661.6k NOK → +815.0k NOK (op. margin 92.0% → 90.2%). Calculated
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Net result improved
Net result +471.0k NOK → +890.8k NOK (net margin 65.5% → 98.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 929.1k NOK → 920.5k NOK (equity ratio 313.3% → 39.0%). Calculated
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↓
Cash fell
Bank deposits 976.0k NOK → 609.4k NOK (-37.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.71× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 29.9k NOK → 7 325 NOK (-75.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7.30m NOK → 296.5k NOK. Reported fact