Org.nr 912 760 154 2013 → 2014 Year-over-year analysis

ABILDSØ TRAFIKKSKOLE AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-05-20; registry 2015-06-27; journal 2015 522774

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ABILDSØ TRAFIKKSKOLE AS. Revenue 0 NOK → 1.53m NOK. Equity 38.2k NOK → 17.4k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABILDSØ TRAFIKKSKOLE AS.

Scorecard

Revenue
0 NOK 1.53m NOK
—
Equity
38.2k NOK 17.4k NOK
-54.5%
Cash
38.2k NOK 93.2k NOK
+144.3%
Total assets
395.3k NOK 400.0k NOK
+1.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 1.53m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 38.2k NOK → 93.2k NOK (+144.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.77m NOK → 5 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 38.2k NOK → 17.4k NOK (equity ratio 9.7% → 4.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation