ABACOM AS: årsregnskap 2014 vs 2013
Grew 7% on revenue
approved 2015-12-16; registry 2015-12-21; journal 2015 959121
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABACOM AS. Revenue 3.06m NOK → 3.29m NOK (+7.4%). Equity 48.7k NOK → -153.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABACOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.06m NOK to 3.29m NOK (+7.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -26.1k NOK → -168.0k NOK (op. margin -0.9% → -5.1%). Calculated
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↓
Equity eroded
Book equity 48.7k NOK → -153.0k NOK (equity ratio 4.1% → -16.8%). Calculated
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↓
Cash fell
Bank deposits 185.8k NOK → 109.5k NOK (-41.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -16.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.79m NOK → 2.96m NOK (91% → 90% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 162.4k NOK → 219.2k NOK (+34.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 107.6k NOK → 110.1k NOK. Reported fact