ABAKUS NORGE AS: årsregnskap 2014 vs 2013
Shrank 100% on revenue, returned to profit
approved 2015-03-17; registry 2015-07-25; journal 2015 645439
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABAKUS NORGE AS. Revenue 115.5k NOK → 115 NOK (-99.9%). Net result -42.7k NOK → +38.6k NOK. Equity -703.3k NOK → -741.9k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABAKUS NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -25.1k NOK → +38.4k NOK (op. margin -21.7% → 33392.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 42.7k NOK to a profit of 38.6k NOK. Calculated
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↑
Cash rose
Bank deposits 4 720 NOK → 58.3k NOK (+1135.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 115.5k NOK to 115 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity -703.3k NOK → -741.9k NOK (equity ratio -269.8% → -361.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -361.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 37.6k NOK → 4.14m NOK. Reported fact