ABACOT AS: årsregnskap 2014 vs 2013
Shrank 12% on revenue, weaker earnings
approved 2015-06-26; registry 2015-08-22; journal 2015 731398
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABACOT AS. Revenue 752.6k NOK → 664.5k NOK (-11.7%). Net result +1.45m NOK → +97.3k NOK. Equity 3.37m NOK → 3.47m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACOT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.37m NOK → 3.47m NOK (equity ratio 80.0% → 83.0%). Calculated
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↑
Cash rose
Bank deposits 0 NOK → 232.9k NOK (None YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 752.6k NOK to 664.5k NOK (-11.7% YoY). Calculated
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↓
Operating result weakened
Operating result +91.0k NOK → +37.5k NOK (op. margin 12.1% → 5.6%). Calculated
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↓
Net result weakened
Net result +1.45m NOK → +97.3k NOK (net margin 193.1% → 14.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 11.2k NOK → 368 NOK. Reported fact