FirmaIQ
Org.nr 990 711 224 2013 → 2014 Year-over-year analysis

ABK RØRSERVICE AS: årsregnskap 2014 vs 2013

Shrank 5% on revenue, weaker earnings

approved 2015-05-13; registry 2015-06-08; journal 2015 435546

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABK RØRSERVICE AS. Revenue 10.48m NOK → 9.94m NOK (-5.2%). Net result +226.2k NOK → +43.5k NOK. Equity 2.32m NOK → 2.26m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABK RØRSERVICE AS.

At a glance

Scorecard

Revenue
10.48m NOK 9.94m NOK
-5.2%
Operating result
+303.4k NOK n/m
—
Net result
+226.2k NOK +43.5k NOK
-80.8%
Equity
2.32m NOK 2.26m NOK
-2.4%
Cash
1.43m NOK 1.66m NOK
+15.7%
Total assets
4.07m NOK 3.69m NOK
-9.4%

What improved

  • ↑

    Cash rose

    Bank deposits 1.43m NOK → 1.66m NOK (+15.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.48m NOK to 9.94m NOK (-5.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +226.2k NOK → +43.5k NOK (net margin 2.2% → 0.4%). Calculated

  • ↓

    Equity eroded

    Book equity 2.32m NOK → 2.26m NOK (equity ratio 56.9% → 61.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.02m NOK → 3.62m NOK (-10.0% YoY). Calculated