Org.nr 984 195 486 2013 → 2014 Year-over-year analysis

VOIM ASA: årsregnskap 2014 vs 2013

Shrank 81% on revenue, fresh owner capital

approved 2015-06-09; registry 2015-09-15; journal 2015 831324

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for VOIM ASA. Revenue 1.03m NOK → 198.0k NOK (-80.7%). Net result +223.6k NOK → +244.5k NOK. Equity 845.5k NOK → 1.08m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for VOIM ASA.

Scorecard

Revenue
1.03m NOK 198.0k NOK
-80.7%
Net result
+223.6k NOK +244.5k NOK
+9.3%
Equity
845.5k NOK 1.08m NOK
+27.2%
Cash
265.7k NOK 140.89m NOK
+52924.0%
Total assets
1.44bn NOK 1.78bn NOK
+23.5%

What improved

  • ↑

    Net result improved

    Net result +223.6k NOK → +244.5k NOK (net margin 21.8% → 123.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 845.5k NOK → 1.08m NOK (equity ratio 0.1% → 0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 265.7k NOK → 140.89m NOK (+52924.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.03m NOK → 1.04bn NOK (+1.04bn NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.03m NOK to 198.0k NOK (-80.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6.29m NOK → 55.17m NOK (613% → 27861% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 4.26m NOK → 4.46m NOK (+4.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 118.14m NOK → 19 NOK. Reported fact