Org.nr 980 250 547 2013 → 2014 Year-over-year analysis

ITERA ASA: årsregnskap 2014 vs 2013

Grew 71% on revenue, stronger earnings

approved 2015-03-23; registry 2015-09-03; journal 2015 787960

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ITERA ASA. Revenue 19.37m NOK → 33.21m NOK (+71.5%). Net result +2.04m NOK → +19.05m NOK. Equity 83.02m NOK → 9.10bn NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ITERA ASA.

Scorecard

Revenue
19.37m NOK 33.21m NOK
+71.5%
Operating result
-5.96m NOK n/m
—
Net result
+2.04m NOK +19.05m NOK
+833.6%
Equity
83.02m NOK 9.10bn NOK
+10864.4%
Cash
35.23m NOK 40.21m NOK
+14.1%
Total assets
195.2k NOK 198.6k NOK
+1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.37m NOK to 33.21m NOK (+71.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.04m NOK → +19.05m NOK (net margin 10.5% → 57.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 83.02m NOK → 9.10bn NOK (equity ratio 42526.9% → 4582984.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 35.23m NOK → 40.21m NOK (+14.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 90.63m NOK → 75.93m NOK (-16.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 138.9k NOK → 132.96m NOK. Reported fact