ABBAS EIENDOM AS: årsregnskap 2014 vs 2013
Shrank 36% on revenue
approved 2015-07-09; registry 2015-07-23; journal 2015 634674
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABBAS EIENDOM AS. Revenue 463.8k NOK → 299.1k NOK (-35.5%). Equity 27.2k NOK → -288.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBAS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 10.2k NOK → 27.3k NOK (+166.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 463.8k NOK to 299.1k NOK (-35.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +3 351 NOK → -314.6k NOK (op. margin 0.7% → -105.2%). Calculated
-
↓
Equity eroded
Book equity 27.2k NOK → -288.1k NOK (equity ratio 71.1% → -1209.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.46× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 460.4k NOK → 613.7k NOK (99% → 205% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1209.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation