ABA ELEKTRO AS: årsregnskap 2014 vs 2013
Returned to profit
approved 2015-04-17; registry 2015-09-12; journal 2015 822092
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABA ELEKTRO AS. Revenue 3.45m NOK → 3.62m NOK (+4.8%). Net result -33.9k NOK → +346.6k NOK. Equity -493.4k NOK → -146.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABA ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.45m NOK to 3.62m NOK (+4.8% YoY). Calculated
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↑
Operating result improved
Operating result +36.6k NOK → +368.4k NOK (op. margin 1.1% → 10.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 33.9k NOK to a profit of 346.6k NOK. Calculated
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Equity strengthened
Book equity -493.4k NOK → -146.8k NOK (equity ratio -36.3% → -12.0%). Calculated
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↑
Payroll decreased
Salary cost 12.75m NOK → 11.37m NOK (369% → 314% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 27.5k NOK → 14.9k NOK (-45.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.85× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 738.7k NOK → 2.11m NOK (+185.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact