FirmaIQ
Org.nr 980 402 320 2013 → 2014 Year-over-year analysis

ABENA NORGE AS: årsregnskap 2014 vs 2013

Grew 15% on revenue, weaker earnings, cash halved-plus

approved 2014-07-23; registry 2014-08-20; journal 2014 678618

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABENA NORGE AS. Revenue 75.28m NOK → 86.56m NOK (+15.0%). Net result +2.26m NOK → +2 014 NOK. Equity 9.89m NOK → 12.56m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABENA NORGE AS.

At a glance

Scorecard

Revenue
75.28m NOK 86.56m NOK
+15.0%
Operating result
+2.26m NOK n/m
—
Net result
+2.26m NOK +2 014 NOK
-99.9%
Equity
9.89m NOK 12.56m NOK
+27.0%
Cash
420.4k NOK 495 NOK
-99.9%
Total assets
17.29m NOK 23.24m NOK
+34.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 75.28m NOK to 86.56m NOK (+15.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 9.89m NOK → 12.56m NOK (equity ratio 57.2% → 54.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +2.26m NOK → +2 014 NOK (net margin 3.0% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 420.4k NOK → 495 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.30m NOK → 9.11m NOK (10% → 11% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 61.55m NOK → 68.07m NOK (+10.6% YoY). Calculated