ABC TURBUSSER AS: årsregnskap 2014 vs 2013
Grew 47% on revenue, stronger earnings
approved 2015-05-20; registry 2015-06-11; journal 2015 449637
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABC TURBUSSER AS. Revenue 1.56m NOK → 2.30m NOK (+47.4%). Net result +182.9k NOK → +510.4k NOK. Equity -538.8k NOK → -28.4k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC TURBUSSER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.56m NOK to 2.30m NOK (+47.4% YoY). Calculated
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Net result improved
Net result +182.9k NOK → +510.4k NOK (net margin 11.7% → 22.2%). Calculated
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Equity strengthened
Book equity -538.8k NOK → -28.4k NOK (equity ratio -85.6% → -2.9%). Calculated
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Cash rose
Bank deposits 79.8k NOK → 675.2k NOK (+746.3% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.26× → 14.86×. Calculated
Things to notice
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Payroll increased
Salary cost 410.5k NOK → 690.0k NOK (26% → 30% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 143.2k NOK → 165.1k NOK (+15.2% YoY). Calculated