ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-04-21; registry 2015-05-02; journal 2015 376823
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 390.4k NOK → 377.8k NOK (-3.2%). Equity 249.7k NOK → 131.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
390.4k NOK
377.8k NOK
-3.2%
Equity
249.7k NOK
131.1k NOK
-47.5%
Cash
0 NOK
63.7k NOK
—
Total assets
331.4k NOK
197.2k NOK
-40.5%
What improved
-
↑
Cash rose
Bank deposits 0 NOK → 63.7k NOK (None YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 390.4k NOK to 377.8k NOK (-3.2% YoY). Calculated
-
↓
Equity eroded
Book equity 249.7k NOK → 131.1k NOK (equity ratio 75.3% → 66.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 89.6k NOK → 3.11m NOK (23% → 823% of revenue). Calculated