Org.nr 988 539 449 2013 → 2014 Year-over-year analysis

AB IMPORT AS: årsregnskap 2014 vs 2013

Shrank 85% on revenue, cash halved-plus

approved 2015-06-24; registry 2015-08-18; journal 2015 721223

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AB IMPORT AS. Revenue 1.04m NOK → 156.4k NOK (-84.9%). Equity 497.7k NOK → 557.8k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AB IMPORT AS.

At a glance

Revenue

1.04m NOK 156.4k NOK

-84.9%

Operating result

+171.0k NOK n/m

—

Net result

+134.3k NOK n/m

—

Equity

497.7k NOK 557.8k NOK

+12.1%

Cash

5.15m NOK 19.6k NOK

-99.6%

Total assets

415.7k NOK 710.1k NOK

+70.8%

↑
Equity strengthened

Book equity 497.7k NOK → 557.8k NOK (equity ratio 119.7% → 78.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.04m NOK to 156.4k NOK (-84.9% YoY). Calculated
↓
Cash fell

Bank deposits 5.15m NOK → 19.6k NOK (-99.6% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 83.0k NOK → 3.34m NOK (8% → 2136% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (5.15m NOK → 19.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 361.1k NOK → 352.7k NOK (-2.3% YoY). Calculated