ABC MATTESERVICE AS: årsregnskap 2014 vs 2013
Grew 608% on revenue, fresh owner capital
approved 2015-04-17; registry 2015-09-22; journal 2015 863144
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABC MATTESERVICE AS. Revenue 256.3k NOK → 1.81m NOK (+607.9%). Equity 668.6k NOK → 957.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC MATTESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 256.3k NOK to 1.81m NOK (+607.9% YoY). Calculated
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↑
Operating result improved
Operating result +156.3k NOK → +369.4k NOK (op. margin 61.0% → 20.4%). Calculated
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↑
Equity strengthened
Book equity 668.6k NOK → 957.3k NOK (equity ratio 49.5% → 59.6%). Calculated
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↑
Cash rose
Bank deposits 94.9k NOK → 365.8k NOK (+285.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 350 NOK → 1.00m NOK (+999.6k NOK). Reported fact
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.40× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 188.9k NOK → 243.8k NOK (74% → 13% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 286.9k NOK → 481.5k NOK (+67.8% YoY). Calculated