ABA-TECH AS: årsregnskap 2014 vs 2013
Grew 10% on revenue
approved 2015-08-15; registry 2015-09-19; journal 2015 852818
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABA-TECH AS. Revenue 11.56m NOK → 12.69m NOK (+9.8%). Equity 835.8k NOK → 75.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABA-TECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.56m NOK to 12.69m NOK (+9.8% YoY). Calculated
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↑
Cash rose
Bank deposits 124.4k NOK → 169.3k NOK (+36.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 835.8k NOK → 75.2k NOK (equity ratio 20.3% → 1.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 7.01m NOK → 9.69m NOK (+38.2% YoY). Calculated