ABILITY MANAGEMENT AS: årsregnskap 2014 vs 2013
Shrank 12% on revenue, cash halved-plus
approved 2015-03-12; registry 2015-05-26; journal 2015 406479
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABILITY MANAGEMENT AS. Revenue 27.52m NOK → 24.27m NOK (-11.8%). Equity 166.1k NOK → 792.5k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABILITY MANAGEMENT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -27.96m NOK → +12.31m NOK (op. margin -101.6% → 50.7%). Calculated
-
↑
Equity strengthened
Book equity 166.1k NOK → 792.5k NOK (equity ratio 0.2% → 1.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 27.52m NOK to 24.27m NOK (-11.8% YoY). Calculated
-
↓
Cash fell
Bank deposits 11.81m NOK → 197.6k NOK (-98.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 9.70m NOK → 3.22bn NOK (35% → 13257% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 190.7k NOK → 402.8k NOK (+111.2% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (11.81m NOK → 197.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 6 279 NOK → 37.77m NOK. Reported fact