ABC HELSE AS: årsregnskap 2014 vs 2013
Shrank 21% on revenue, slipped into loss, cash halved-plus
approved 2015-05-10; registry 2015-09-02; journal 2015 777390
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABC HELSE AS. Revenue 6.88m NOK → 5.41m NOK (-21.3%). Net result +915.0k NOK → -239.4k NOK. Equity 544.8k NOK → 1.31m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; fell into a net loss; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC HELSE AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 544.8k NOK → 1.31m NOK (equity ratio 14.3% → 41.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.88m NOK to 5.41m NOK (-21.3% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 915.0k NOK profit to a loss of 239.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 672.3k NOK → 243.5k NOK (-63.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.36× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 869.2k NOK → 1.71m NOK (13% → 32% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.72m NOK → 2.10m NOK (-22.7% YoY). Calculated