Org.nr 983 949 177 2013 → 2014 Year-over-year analysis

ABECO AS: årsregnskap 2014 vs 2013

Returned to profit

approved 2015-05-01; registry 2015-06-18; journal 2015 484776

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ABECO AS. Revenue 1.52m NOK → 1.52m NOK (-0.0%). Net result -80.8k NOK → +3 978 NOK. Equity 99.4k NOK → 103.3k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABECO AS.

Scorecard

Revenue
1.52m NOK 1.52m NOK
-0.0%
Operating result
-104.8k NOK +6 461 NOK
+106.2%
Net result
-80.8k NOK +3 978 NOK
+104.9%
Equity
99.4k NOK 103.3k NOK
+4.0%
Cash
157.8k NOK 150.9k NOK
-4.3%
Total assets
398.8k NOK 368.6k NOK
-7.6%

What improved

  • ↑

    Operating result improved

    Operating result -104.8k NOK → +6 461 NOK (op. margin -6.9% → 0.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 80.8k NOK to a profit of 3 978 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 99.4k NOK → 103.3k NOK (equity ratio 24.9% → 28.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.52m NOK to 1.52m NOK (-0.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 157.8k NOK → 150.9k NOK (-4.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 NOK → 3.96m NOK (0% → 261% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 65.5k NOK → 26.3k NOK. Reported fact