ABC TEKSTPRODUKSJON AS: årsregnskap 2014 vs 2013
Shrank 33% on revenue, stronger earnings, cash halved-plus
approved 2015-03-28; registry 2015-09-24; journal 2015 871322
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABC TEKSTPRODUKSJON AS. Revenue 537.8k NOK → 359.9k NOK (-33.1%). Net result +112.3k NOK → +4.10m NOK. Equity 4.92m NOK → 4.81m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC TEKSTPRODUKSJON AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +112.3k NOK → +4.10m NOK (net margin 20.9% → 1140.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 537.8k NOK to 359.9k NOK (-33.1% YoY). Calculated
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↓
Operating result weakened
Operating result -9 330 NOK → -221.6k NOK (op. margin -1.7% → -61.6%). Calculated
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↓
Equity eroded
Book equity 4.92m NOK → 4.81m NOK (equity ratio 89.6% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 1.13m NOK → 189.8k NOK (-83.3% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.13m NOK → 189.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 193.8k NOK → 240 NOK (-99.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 4.29m NOK → 4.31m NOK. Reported fact