KONGSBERG AUTOMOTIVE ASA: årsregnskap 2014 vs 2013
Grew 10% on revenue, stronger earnings
approved 2015-05-07; registry 2015-06-29; journal 2015 526885
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for KONGSBERG AUTOMOTIVE ASA. Revenue 37.60m NOK → 41.30m NOK (+9.8%). Net result 0 NOK → +5.10m NOK. Equity 292.20m NOK → 310.2k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for KONGSBERG AUTOMOTIVE ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 37.60m NOK to 41.30m NOK (+9.8% YoY). Calculated
-
↑
Net result improved
Net result 0 NOK → +5.10m NOK (net margin 0.0% → 12.3%). Calculated
-
↑
Cash rose
Bank deposits 1.70m NOK → 5.30m NOK (+211.8% YoY). Calculated
-
↑
Payroll decreased
Salary cost 7.30m NOK → 6.80m NOK (19% → 16% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 292.20m NOK → 310.2k NOK (equity ratio 47.9% → 48.3%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 225.00m NOK → 208.70m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 452.20m NOK → 430.60m NOK (-4.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 574.00m NOK → 611.7k NOK. Reported fact