ABAX AS: årsregnskap 2014 vs 2013
Grew 31% on revenue, fresh owner capital
approved 2015-05-13; registry 2015-06-25; journal 2015 518425
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABAX AS. Revenue 147.95m NOK → 193.75m NOK (+31.0%). Net result +32 NOK → +5 829 NOK. Equity 58.11m NOK → 86.83m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABAX AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 147.95m NOK to 193.75m NOK (+31.0% YoY). Calculated
-
↑
Net result improved
Net result +32 NOK → +5 829 NOK (net margin 0.0% → 0.0%). Calculated
-
↑
Equity strengthened
Book equity 58.11m NOK → 86.83m NOK (equity ratio 28.5% → 35.3%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.73× → 1.05×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 58.11m NOK → 86.83m NOK (+28.73m NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 13.96m NOK → 9.09m NOK (-34.9% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 54.59m NOK → 69.97m NOK (37% → 36% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 28.96m NOK → 34.30m NOK (+18.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 37.80m NOK → 69.77m NOK. Reported fact