Org.nr 980 858 480 2013 → 2014 Year-over-year analysis

ABC HALVORSEN EIENDOM AS: årsregnskap 2014 vs 2013

Grew 59% on revenue, fresh owner capital

approved 2015-03-31; registry 2015-04-09; journal 2015 349271

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ABC HALVORSEN EIENDOM AS. Revenue 865 NOK → 1 372 NOK (+58.6%). Equity -981.7k NOK → -1.56m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ABC HALVORSEN EIENDOM AS.

Scorecard

Revenue
865 NOK 1 372 NOK
+58.6%
Operating result
n/m -1.41m NOK
—
Equity
-981.7k NOK -1.56m NOK
-58.7%
Cash
27.9k NOK 52.6k NOK
+88.6%
Total assets
16.18m NOK 17.78m NOK
+9.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 865 NOK to 1 372 NOK (+58.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 27.9k NOK → 52.6k NOK (+88.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 68.4k NOK → 360.0k NOK (+291.6k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity -981.7k NOK → -1.56m NOK (equity ratio -6.1% → -8.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 946.3k NOK → 1.16m NOK (109395% → 84419% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.76m NOK → 3.70m NOK. Reported fact