Org.nr 996 713 008 2013 → 2014 Year-over-year analysis

ZELLUNA ASA: årsregnskap 2014 vs 2013

Grew 71% on revenue, fresh owner capital

approved 2015-03-17; registry 2015-05-30; journal 2015 414935

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ZELLUNA ASA. Revenue 3.88m NOK → 6.63m NOK (+70.9%). Equity 10.51m NOK → 7.63m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ZELLUNA ASA.

At a glance

Revenue

3.88m NOK 6.63m NOK

+70.9%

Operating result

-6.02m NOK -7.62m NOK

-26.6%

Net result

-5.94m NOK n/m

—

Equity

10.51m NOK 7.63m NOK

-27.4%

Cash

10.49m NOK 7.68m NOK

-26.7%

Total assets

14.09m NOK 12.41m NOK

-11.9%

↑
Revenue rose

Operating income / revenue moved from 3.88m NOK to 6.63m NOK (+70.9% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 23.10m NOK → 28.10m NOK (+5.00m NOK). Reported fact

↓
Operating result weakened

Operating result -6.02m NOK → -7.62m NOK (op. margin -155.2% → -115.0%). Calculated
↓
Equity eroded

Book equity 10.51m NOK → 7.63m NOK (equity ratio 74.6% → 61.5%). Calculated
↓
Cash fell

Bank deposits 10.49m NOK → 7.68m NOK (-26.7% YoY). Calculated

·
Payroll increased

Salary cost 2.48m NOK → 5.78m NOK (64% → 87% of revenue). Calculated