ABILITY KOMPETANSE AS: årsregnskap 2014 vs 2013
Shrank 78% on revenue, slipped into loss
approved 2015-06-30; registry 2015-12-09; journal 2015 957434
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABILITY KOMPETANSE AS. Revenue 3.88m NOK → 843.0k NOK (-78.3%). Net result +328.4k NOK → -268.0k NOK. Equity 167.1k NOK → -100.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILITY KOMPETANSE AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 0 NOK → 187.4k NOK (None YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.88m NOK to 843.0k NOK (-78.3% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 328.4k NOK profit to a loss of 268.0k NOK. Calculated
-
↓
Equity eroded
Book equity 167.1k NOK → -100.9k NOK (equity ratio 209.9% → -13.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 2.50m NOK (0% → 296% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -13.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 89.3k NOK → 60.1k NOK (-32.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 125.0k NOK → 1 125 NOK. Reported fact