AB ØKONOMI AS: årsregnskap 2014 vs 2013
Grew 71% on revenue, stronger earnings
approved 2015-02-23; registry 2015-03-09; journal 2015 319190
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AB ØKONOMI AS. Revenue 3.13m NOK → 5.35m NOK (+71.0%). Net result +49.5k NOK → +72.5k NOK. Equity 442.3k NOK → 514.8k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB ØKONOMI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.13m NOK to 5.35m NOK (+71.0% YoY). Calculated
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↑
Net result improved
Net result +49.5k NOK → +72.5k NOK (net margin 1.6% → 1.4%). Calculated
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↑
Equity strengthened
Book equity 442.3k NOK → 514.8k NOK (equity ratio 861.6% → 37.5%). Calculated
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↑
Cash rose
Bank deposits 367.3k NOK → 606.4k NOK (+65.1% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.57× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.19m NOK → 3.11m NOK (70% → 58% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 51.0k NOK → 964.3k NOK (+1790.1% YoY). Calculated