ABILDSØ GÅRD AS: årsregnskap 2014 vs 2013
Shrank 7% on revenue, stronger earnings
approved 2015-05-13; registry 2015-06-18; journal 2015 483431
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABILDSØ GÅRD AS. Revenue 2.89m NOK → 2.68m NOK (-7.1%). Net result +237.1k NOK → +514.3k NOK. Equity 5.59m NOK → 6.10m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +486.4k NOK → +770.2k NOK (op. margin 16.8% → 28.7%). Calculated
-
↑
Net result improved
Net result +237.1k NOK → +514.3k NOK (net margin 8.2% → 19.2%). Calculated
-
↑
Equity strengthened
Book equity 5.59m NOK → 6.10m NOK (equity ratio 56.0% → 51.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.89m NOK to 2.68m NOK (-7.1% YoY). Calculated
-
↓
Cash fell
Bank deposits 354.0k NOK → 307.3k NOK (-13.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.08× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.01m NOK → 1.69m NOK (35% → 63% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 206.7k NOK → 332.1k NOK (+60.7% YoY). Calculated