NOREXECO ASA: årsregnskap 2014 vs 2013
Grew 10287% on revenue, fresh owner capital
approved 2015-05-26; registry 2015-09-09; journal 2015 810202
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for NOREXECO ASA. Revenue 10.7k NOK → 1.11m NOK (+10287.2%). Equity 4 874 NOK → 19.70m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for NOREXECO ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 10.7k NOK to 1.11m NOK (+10287.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 4 874 NOK → 19.70m NOK (equity ratio 1.1% → 88.6%). Calculated
-
↑
Cash rose
Bank deposits 825.5k NOK → 9.24m NOK (+1018.8% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 10.49m NOK → 29.09m NOK (+18.60m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -7.40m NOK → -10.03m NOK (op. margin -69351.0% → -904.8%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 4.88m NOK → 7.02m NOK (45773% → 633% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 431.8k NOK → 436.8k NOK. Reported fact