ABELSNES INVEST AS: årsregnskap 2014 vs 2013
Shrank 29% on revenue, weaker earnings
approved 2015-06-17; registry 2015-07-02; journal 2015 552693
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABELSNES INVEST AS. Revenue 300.5k NOK → 214.0k NOK (-28.8%). Net result +973.2k NOK → +108.8k NOK. Equity 1.61m NOK → 1.72m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELSNES INVEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.61m NOK → 1.72m NOK (equity ratio 62.0% → 55.1%). Calculated
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↑
Cash rose
Bank deposits 143.5k NOK → 198.6k NOK (+38.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.56× → 1.17×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 300.5k NOK to 214.0k NOK (-28.8% YoY). Calculated
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↓
Operating result weakened
Operating result +68.0k NOK → +3 880 NOK (op. margin 22.6% → 1.8%). Calculated
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↓
Net result weakened
Net result +973.2k NOK → +108.8k NOK (net margin 323.9% → 50.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10.82m NOK → 1.32m NOK. Reported fact