ABC - TAK AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-06-22; registry 2015-08-15; journal 2015 710394
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABC - TAK AS. Revenue 15.19m NOK → 15.69m NOK (+3.3%). Equity 955.6k NOK → 349.3k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABC - TAK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.19m NOK to 15.69m NOK (+3.3% YoY). Calculated
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↑
Cash rose
Bank deposits 447.6k NOK → 756.9k NOK (+69.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 6.00m NOK → 5.75m NOK (40% → 37% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 955.6k NOK → 349.3k NOK (equity ratio 13.2% → 5.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 7.35m NOK → 7.78m NOK (+5.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6 889 NOK → 44.8k NOK. Reported fact