Org.nr 947 054 333 2013 → 2014 Year-over-year analysis

ABC AUTORISERTE KJØRESKOLE AS: årsregnskap 2014 vs 2013

Grew 28% on revenue, cash halved-plus

approved 2015-04-20; registry 2015-08-13; journal 2015 705467

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABC AUTORISERTE KJØRESKOLE AS. Revenue 3.53m NOK → 4.53m NOK (+28.0%). Equity 320.8k NOK → 187.6k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC AUTORISERTE KJØRESKOLE AS.

At a glance

Revenue

3.53m NOK 4.53m NOK

+28.0%

Operating result

+498.9k NOK +195.8k NOK

-60.7%

Equity

320.8k NOK 187.6k NOK

-41.5%

Cash

935.5k NOK 306.9k NOK

-67.2%

Total assets

1.26m NOK 1.77m NOK

+39.8%

↑
Revenue rose

Operating income / revenue moved from 3.53m NOK to 4.53m NOK (+28.0% YoY). Calculated

↓
Operating result weakened

Operating result +498.9k NOK → +195.8k NOK (op. margin 14.1% → 4.3%). Calculated
↓
Equity eroded

Book equity 320.8k NOK → 187.6k NOK (equity ratio 25.4% → 10.6%). Calculated
↓
Cash fell

Bank deposits 935.5k NOK → 306.9k NOK (-67.2% YoY). Calculated

·
Payroll increased

Salary cost 1.68m NOK → 1.77m NOK (48% → 39% of revenue). Calculated
·
COGS moved

COGS / varekostnad 325.2k NOK → 446.7k NOK (+37.3% YoY). Calculated