AB SERVICE AS: årsregnskap 2014 vs 2013
Grew 27% on revenue, stronger earnings, cash halved-plus
approved 2015-05-28; registry 2015-07-27; journal 2015 646033
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AB SERVICE AS. Revenue 4.44m NOK → 5.63m NOK (+26.9%). Net result +271.9k NOK → +914.2k NOK. Equity 100.9k NOK → 2.02m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AB SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.44m NOK to 5.63m NOK (+26.9% YoY). Calculated
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↑
Net result improved
Net result +271.9k NOK → +914.2k NOK (net margin 6.1% → 16.2%). Calculated
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↑
Equity strengthened
Book equity 100.9k NOK → 2.02m NOK (equity ratio 2.9% → 45.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 615.9k NOK → 757 NOK (-99.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.04m NOK → 2.23m NOK (46% → 40% of revenue). Calculated