KEEP EXPANDING AS: årsregnskap 2014 vs 2013
Grew 23246% on revenue, cash halved-plus
approved 2015-05-31; registry 2015-08-10; journal 2015 694194
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for KEEP EXPANDING AS. Revenue 1 544 NOK → 360.5k NOK (+23245.9%). Net result +2 013 NOK → +7 956 NOK. Equity 496.1k NOK → 480.3k NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for KEEP EXPANDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 544 NOK to 360.5k NOK (+23245.9% YoY). Calculated
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↑
Net result improved
Net result +2 013 NOK → +7 956 NOK (net margin 130.4% → 2.2%). Calculated
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↑
Payroll decreased
Salary cost 723.7k NOK → 120.9k NOK (46871% → 34% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +123.2k NOK → -74.0k NOK (op. margin 7980.9% → -20.5%). Calculated
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↓
Equity eroded
Book equity 496.1k NOK → 480.3k NOK (equity ratio 60.0% → 93.1%). Calculated
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↓
Cash fell
Bank deposits 357.9k NOK → 38.0k NOK (-89.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 182.5k NOK → 78.6k NOK (-56.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 22.1k NOK. Reported fact