ABEL CONSULT AS: årsregnskap 2014 vs 2013
Shrank 27% on revenue, weaker earnings
approved 2015-06-06; registry 2015-08-05; journal 2015 681311
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABEL CONSULT AS. Revenue 413.4k NOK → 302.9k NOK (-26.7%). Net result +148.1k NOK → +40.4k NOK. Equity 333.9k NOK → 274.3k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
413.4k NOK
302.9k NOK
-26.7%
Net result
+148.1k NOK
+40.4k NOK
-72.7%
Equity
333.9k NOK
274.3k NOK
-17.8%
Cash
121.0k NOK
80.1k NOK
-33.9%
Total assets
658.1k NOK
603.1k NOK
-8.4%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 413.4k NOK to 302.9k NOK (-26.7% YoY). Calculated
-
↓
Net result weakened
Net result +148.1k NOK → +40.4k NOK (net margin 35.8% → 13.3%). Calculated
-
↓
Equity eroded
Book equity 333.9k NOK → 274.3k NOK (equity ratio 50.7% → 45.5%). Calculated
-
↓
Cash fell
Bank deposits 121.0k NOK → 80.1k NOK (-33.9% YoY). Calculated