Org.nr 968 913 468 2013 → 2014 Year-over-year analysis

ABAS AS: årsregnskap 2014 vs 2013

Shrank 15% on revenue

approved 2015-06-01; registry 2015-06-22; journal 2015 499977

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABAS AS. Revenue 12.67m NOK → 10.77m NOK (-15.0%). Equity 3.20m NOK → 4.65m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAS AS.

At a glance

Revenue

12.67m NOK 10.77m NOK

-15.0%

Operating result

+1.03m NOK +2.00m NOK

+94.8%

Equity

3.20m NOK 4.65m NOK

+45.5%

Cash

3.64m NOK 4.14m NOK

+13.8%

Total assets

5.86m NOK 6.53m NOK

+11.4%

↑
Operating result improved

Operating result +1.03m NOK → +2.00m NOK (op. margin 8.1% → 18.6%). Calculated
↑
Equity strengthened

Book equity 3.20m NOK → 4.65m NOK (equity ratio 54.6% → 71.3%). Calculated
↑
Cash rose

Bank deposits 3.64m NOK → 4.14m NOK (+13.8% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 12.67m NOK to 10.77m NOK (-15.0% YoY). Calculated