ABILITY AS: årsregnskap 2014 vs 2013
Shrank 30% on revenue, returned to profit
approved 2015-05-29; registry 2015-08-08; journal 2015 688550
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABILITY AS. Revenue 1.37m NOK → 954.7k NOK (-30.1%). Net result -175.6k NOK → +25.0k NOK. Equity -315.0k NOK → -290.1k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABILITY AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 175.6k NOK to a profit of 25.0k NOK. Calculated
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↑
Equity strengthened
Book equity -315.0k NOK → -290.1k NOK (equity ratio -47.9% → -38.3%). Calculated
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↑
Cash rose
Bank deposits 389 NOK → 6 738 NOK (+1632.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.37m NOK to 954.7k NOK (-30.1% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 499.3k NOK → 895.1k NOK (+79.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 422.3k NOK → 283.6k NOK. Reported fact