Org.nr 982 904 420 2013 → 2014 Year-over-year analysis

NEXT BIOMETRICS GROUP ASA: årsregnskap 2014 vs 2013

Grew 221% on revenue, weaker earnings, fresh owner capital

approved 2015-06-22; registry 2015-09-15; journal 2015 835320

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for NEXT BIOMETRICS GROUP ASA. Revenue 305.7k NOK → 981.1k NOK (+220.9%). Net result -38.80m NOK → -79.69m NOK. Equity 125.30m NOK → 296.07m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

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

Scorecard

Revenue
305.7k NOK 981.1k NOK
+220.9%
Operating result
-9.30m NOK n/m
—
Net result
-38.80m NOK -79.69m NOK
-105.4%
Equity
125.30m NOK 296.07m NOK
+136.3%
Cash
65.08m NOK 125.72m NOK
+93.2%
Total assets
138.13m NOK 309.10m NOK
+123.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 305.7k NOK to 981.1k NOK (+220.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 125.30m NOK → 296.07m NOK (equity ratio 90.7% → 95.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 65.08m NOK → 125.72m NOK (+93.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 125.30m NOK → 296.07m NOK (+170.77m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -38.80m NOK → -79.69m NOK (net margin -12690.9% → -8122.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.36m NOK → 4.89m NOK (1428% → 498% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 63.71m NOK → 171.87m NOK. Reported fact