ABC TOOLS AS: årsregnskap 2014 vs 2013
Grew 29781% on revenue, weaker earnings
approved 2015-06-15; registry 2015-09-19; journal 2015 851100
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABC TOOLS AS. Revenue 1 079 NOK → 322.4k NOK (+29781.3%). Net result +457.9k NOK → +41.9k NOK. Equity -665.7k NOK → 380.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TOOLS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 079 NOK to 322.4k NOK (+29781.3% YoY). Calculated
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↑
Equity strengthened
Book equity -665.7k NOK → 380.6k NOK (equity ratio -99.1% → 82.6%). Calculated
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↑
Cash rose
Bank deposits 48.4k NOK → 180.0k NOK (+271.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.50× → 5.73×. Calculated
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Owners injected capital
Paid-in equity rose 333.0k NOK → 334.3k NOK (+1 310 NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +459.3k NOK → +45.1k NOK (op. margin 42567.2% → 14.0%). Calculated
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↓
Net result weakened
Net result +457.9k NOK → +41.9k NOK (net margin 42438.4% → 13.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 514.7k NOK → 193.5k NOK (-62.4% YoY). Calculated