A2BUS AS: årsregnskap 2014 vs 2013
Shrank 18% on revenue, slipped into loss
approved 2015-06-30; registry 2015-10-19; journal 2015 942517
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A2BUS AS. Revenue 2.34m NOK → 1.92m NOK (-18.1%). Net result +218.3k NOK → -304.9k NOK. Equity 901.7k NOK → 596.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A2BUS AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 6.67m NOK → 757.5k NOK (285% → 40% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.34m NOK to 1.92m NOK (-18.1% YoY). Calculated
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↓
Operating result weakened
Operating result +227.8k NOK → -267.6k NOK (op. margin 9.7% → -14.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 218.3k NOK profit to a loss of 304.9k NOK. Calculated
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↓
Equity eroded
Book equity 901.7k NOK → 596.8k NOK (equity ratio 302.7% → 42.8%). Calculated
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↓
Cash fell
Bank deposits 429.7k NOK → 286.8k NOK (-33.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 494.5k NOK → 368.2k NOK. Reported fact