ABACUS AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-06-15; registry 2015-09-19; journal 2015 850742
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABACUS AS. Revenue 2.52m NOK → 2.42m NOK (-3.8%). Net result +305.9k NOK → +190.9k NOK. Equity 169.5k NOK → 173.5k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 169.5k NOK → 173.5k NOK (equity ratio 15.4% → 23.4%). Calculated
-
↑
Payroll decreased
Salary cost 1.06m NOK → 2 NOK (42% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.52m NOK to 2.42m NOK (-3.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +425.9k NOK → +226.4k NOK (op. margin 16.9% → 9.4%). Calculated
-
↓
Net result weakened
Net result +305.9k NOK → +190.9k NOK (net margin 12.2% → 7.9%). Calculated
-
↓
Cash fell
Bank deposits 770.6k NOK → 427.1k NOK (-44.6% YoY). Calculated