ABELON GROUP AS: årsregnskap 2014 vs 2013
Stronger earnings
approved 2015-02-15; registry 2015-06-02; journal 2015 419174
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABELON GROUP AS. Revenue 1.16m NOK → 1.17m NOK (+0.2%). Net result +2.20m NOK → +3.90m NOK. Equity 3.38m NOK → 6.68m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABELON GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.16m NOK to 1.17m NOK (+0.2% YoY). Calculated
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↑
Net result improved
Net result +2.20m NOK → +3.90m NOK (net margin 189.3% → 333.9%). Calculated
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↑
Equity strengthened
Book equity 3.38m NOK → 6.68m NOK (equity ratio 91.7% → 94.7%). Calculated
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↑
Cash rose
Bank deposits 304.9k NOK → 580.0k NOK (+90.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -247.5k NOK → -635.3k NOK (op. margin -21.3% → -54.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 800.0k NOK → 425.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 40.7k NOK → 5 597 NOK (-86.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.37m NOK → 5.46m NOK. Reported fact