ZALARIS ASA: årsregnskap 2014 vs 2013
Weaker earnings, fresh owner capital
approved 2015-04-22; registry 2015-10-13; journal 2015 934403
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ZALARIS ASA. Revenue 73.35m NOK → 70.56m NOK (-3.8%). Net result +15.78m NOK → +7.31m NOK. Equity 36.90m NOK → 67.86m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ZALARIS ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 36.90m NOK → 67.86m NOK (equity ratio 39.3% → 58.7%). Calculated
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↑
Cash rose
Bank deposits 850.0k NOK → 6.14m NOK (+622.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.28×. Calculated
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↑
Owners injected capital
Paid-in equity rose 18.77m NOK → 55.06m NOK (+36.29m NOK). Reported fact
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↑
Payroll decreased
Salary cost 18.09m NOK → 15.56m NOK (25% → 22% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 73.35m NOK to 70.56m NOK (-3.8% YoY). Calculated
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↓
Net result weakened
Net result +15.78m NOK → +7.31m NOK (net margin 21.5% → 10.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 11.02m NOK → 10.96m NOK (-0.6% YoY). Calculated