FirmaIQ
Org.nr 981 566 459 2013 → 2014 Year-over-year analysis

ABE STAR PARKETT AS: årsregnskap 2014 vs 2013

Weaker earnings

approved 2015-06-30; registry 2015-09-24; journal 2015 872096

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABE STAR PARKETT AS. Revenue 3.35m NOK → 3.28m NOK (-2.1%). Net result +250.5k NOK → +23.2k NOK. Equity 968.2k NOK → 991.4k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.35m NOK 3.28m NOK
-2.1%
Operating result
+352.4k NOK +46.1k NOK
-86.9%
Net result
+250.5k NOK +23.2k NOK
-90.7%
Equity
968.2k NOK 991.4k NOK
+2.4%
Cash
250.3k NOK 285.8k NOK
+14.2%
Total assets
1.91m NOK 1.76m NOK
-7.9%

What improved

  • ↑

    Equity strengthened

    Book equity 968.2k NOK → 991.4k NOK (equity ratio 50.8% → 56.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 250.3k NOK → 285.8k NOK (+14.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.36× → 2.01×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.35m NOK to 3.28m NOK (-2.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +352.4k NOK → +46.1k NOK (op. margin 10.5% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +250.5k NOK → +23.2k NOK (net margin 7.5% → 0.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.88m NOK → 2.06m NOK (56% → 63% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 594.7k NOK → 634.3k NOK (+6.7% YoY). Calculated