The following is the income statement for Nikov and Co. for the year ended 31 December 2014, along with information relating to the preceding year.

Income statement for the year ended 31 December

	2014 000	2013 000
Sales revenue	420.2	382.5
Cost of sales	(126.1)	(114.8)
Gross profit	294.1	267.7
Salaries and wages	(92.6)	(86.4)
Selling and distribution costs	(98.9)	(75.4)
Rent and rates	(22.0)	(22.0)
Bad debts written off	(19.7)	(4.0)
Telephone and postage	(4.8)	(4.4)
Insurance	(2.9)	(2.8)
Motor vehicle expenses	(10.3)	(8.6)
Depreciation delivery van	(3.1)	(3.3)
fixtures and fittings	(4.3)	(4.5)
Operating profit	35.5	56.3
Loan interest	(4.6)	(5.4)
Profit for the year	30.9	50.9

Required:

Analyse the performance of the business for the year to 31 December 2014 in so far as the information allows.