FirmaIQ
Org.nr 996 819 000 2013 → 2014 Year-over-year analysis

VOW ASA: årsregnskap 2014 vs 2013

Shrank 14% on revenue, weaker earnings

approved 2015-05-12; registry 2015-10-15; journal 2015 937600

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for VOW ASA. Revenue 169.97m NOK → 145.63m NOK (-14.3%). Net result -2.62m NOK → -3.71m NOK. Equity 175.42m NOK → 246.9k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for VOW ASA.

At a glance

Scorecard

Revenue
169.97m NOK 145.63m NOK
-14.3%
Net result
-2.62m NOK -3.71m NOK
-41.5%
Equity
175.42m NOK 246.9k NOK
-99.9%
Cash
2 000 NOK 405.0k NOK
+20150.0%
Total assets
222.95m NOK 247.0k NOK
-99.9%

What improved

  • ↑

    Cash rose

    Bank deposits 2 000 NOK → 405.0k NOK (+20150.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 331.83×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 169.97m NOK to 145.63m NOK (-14.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result -2.62m NOK → -3.71m NOK (net margin -1.5% → -2.5%). Calculated

  • ↓

    Equity eroded

    Book equity 175.42m NOK → 246.9k NOK (equity ratio 78.7% → 100.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.66m NOK → 187.5k NOK — check capital reduction, conversion, or reclassification. Interpretation