FirmaIQ
Org.nr 988 578 932 2013 → 2014 Year-over-year analysis

SMARTDOK AS: årsregnskap 2014 vs 2013

Grew 57% on revenue, stronger earnings

approved 26.03.2015; registry 13.05.2015; journal 2015 392347

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for SMARTDOK AS. Revenue 10.57m NOK → 16.56m NOK (+56.7%). Net result +2.40m NOK → +3.42m NOK. Equity 1.54m NOK → 3.27m NOK.

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

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for SMARTDOK AS.

At a glance

Scorecard

Revenue
10.57m NOK 16.56m NOK
+56.7%
Operating result
+2.18m NOK +4.53m NOK
+107.7%
Net result
+2.40m NOK +3.42m NOK
+42.4%
Equity
1.54m NOK 3.27m NOK
+111.4%
Cash
5.19m NOK 9.99m NOK
+92.4%
Total assets
8.46m NOK 16.22m NOK
+91.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.57m NOK to 16.56m NOK (+56.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.18m NOK → +4.53m NOK (op. margin 20.6% → 27.3%). Calculated

  • ↑

    Net result improved

    Net result +2.40m NOK → +3.42m NOK (net margin 22.7% → 20.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.54m NOK → 3.27m NOK (equity ratio 18.3% → 20.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.19m NOK → 9.99m NOK (+92.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.02m NOK → 7.34m NOK (47% → 44% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 520.3k NOK → 508.6k NOK (-2.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 11. Reported fact