Org.nr 933 739 384 2013 → 2014 Year-over-year analysis

VEND MARKETPLACES ASA: årsregnskap 2014 vs 2013

Grew 45% on revenue

approved 2015-03-24; registry 2015-08-31; journal 2015 765150

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for VEND MARKETPLACES ASA. Revenue 49.00m NOK → 71.00m NOK (+44.9%).

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for VEND MARKETPLACES ASA.

Scorecard

Revenue
49.00m NOK 71.00m NOK
+44.9%
Operating result
-222.00m NOK -250.00m NOK
-12.6%
Net result
n/m -127.00m NOK
—
Equity
11.39bn NOK n/m
—
Cash
7.00m NOK 164.00m NOK
+2242.9%
Total assets
19.48bn NOK 23.73bn NOK
+21.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 49.00m NOK to 71.00m NOK (+44.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 7.00m NOK → 164.00m NOK (+2242.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.54bn NOK → 1.55bn NOK (+15.00m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -222.00m NOK → -250.00m NOK (op. margin -453.1% → -352.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 252.21× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.14m NOK → 4.15m NOK (8% → 6% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 26.87m NOK → 26.70m NOK (-0.7% YoY). Calculated