ABCDEF AS: årsregnskap 2014 vs 2013
Shrank 86% on revenue, stronger earnings, cash halved-plus
approved 2015-05-21; registry 2015-07-18; journal 2015 608475
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABCDEF AS. Revenue 1.14m NOK → 156.4k NOK (-86.3%). Net result +1.33m NOK → +12.47m NOK. Equity 8.21m NOK → 18.68m NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABCDEF AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +1.33m NOK → +12.47m NOK (net margin 116.4% → 7970.5%). Calculated
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Equity strengthened
Book equity 8.21m NOK → 18.68m NOK (equity ratio 64.9% → 84.8%). Calculated
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Current ratio back above 1×
Current ratio 0.43× → 2.60×. Calculated
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Payroll decreased
Salary cost 5.59m NOK → 7 424 NOK (491% → 5% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.14m NOK to 156.4k NOK (-86.3% YoY). Calculated
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Operating result weakened
Operating result +304.5k NOK → +118.9k NOK (op. margin 26.7% → 76.0%). Calculated
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↓
Cash fell
Bank deposits 38.9k NOK → 833 NOK (-97.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 11.39m NOK → 13.32m NOK. Reported fact