Org.nr 963 695 802 2013 → 2014 Year-over-year analysis

ABC SOLUTIONS HOLDING AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-06-30; registry 2015-08-12; journal 2015 701327

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABC SOLUTIONS HOLDING AS. Revenue 6.67m NOK → 6.94m NOK (+4.1%). Equity 2.18m NOK → 2.09m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC SOLUTIONS HOLDING AS.

At a glance

Revenue

6.67m NOK 6.94m NOK

+4.1%

Net result

n/m +454.9k NOK

—

Equity

2.18m NOK 2.09m NOK

-4.4%

Cash

244.7k NOK 1 152 NOK

-99.5%

Total assets

2.80m NOK 2.77m NOK

-1.0%

↑
Revenue rose

Operating income / revenue moved from 6.67m NOK to 6.94m NOK (+4.1% YoY). Calculated
↑
Payroll decreased

Salary cost 2.15m NOK → 1.29m NOK (32% → 19% of revenue). Calculated

↓
Equity eroded

Book equity 2.18m NOK → 2.09m NOK (equity ratio 78.0% → 75.3%). Calculated
↓
Cash fell

Bank deposits 244.7k NOK → 1 152 NOK (-99.5% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 3.82× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated