ABELCO AS: årsregnskap 2014 vs 2013
Shrank 24% on revenue, slipped into loss, cash halved-plus
approved 2015-05-22; registry 2015-09-09; journal 2015 809870
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABELCO AS. Revenue 489.2k NOK → 372.0k NOK (-24.0%). Net result +102.0k NOK → -14.3k NOK. Equity 1.36m NOK → 1.34m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 489.2k NOK to 372.0k NOK (-24.0% YoY). Calculated
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↓
Operating result weakened
Operating result +177.4k NOK → +49.3k NOK (op. margin 36.3% → 13.2%). Calculated
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Fell into a net loss
Net result flipped from 102.0k NOK profit to a loss of 14.3k NOK. Calculated
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Equity eroded
Book equity 1.36m NOK → 1.34m NOK (equity ratio 39.7% → 45.3%). Calculated
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↓
Cash fell
Bank deposits 519.9k NOK → 253.8k NOK (-51.2% YoY). Calculated