Org.nr 889 186 232 2013 → 2014 Year-over-year analysis

ENSURGE MICROPOWER ASA: årsregnskap 2014 vs 2013

Grew 104% on revenue, fresh owner capital

approved 2015-04-09; registry 2015-06-22; journal 2015 502819

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ENSURGE MICROPOWER ASA. Revenue 10.41m NOK → 21.23m NOK (+103.9%). Equity 257.85m NOK → 263.2k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ENSURGE MICROPOWER ASA.

Scorecard

Revenue
10.41m NOK 21.23m NOK
+103.9%
Operating result
-71.76m NOK n/m
—
Net result
-81.24m NOK n/m
—
Equity
257.85m NOK 263.2k NOK
-99.9%
Cash
263.00m NOK 217.65m NOK
-17.2%
Total assets
273.07m NOK 284.7k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.41m NOK to 21.23m NOK (+103.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 465.7k NOK → 634.7k NOK (+169.0k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 257.85m NOK → 263.2k NOK (equity ratio 94.4% → 92.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 263.00m NOK → 217.65m NOK (-17.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 14.17m NOK → 22.44m NOK (136% → 106% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.08m NOK → 28.43m NOK. Reported fact