ABLEMAGIC AS: årsregnskap 2014 vs 2013
Grew 113% on revenue, cash halved-plus, fresh owner capital
approved 2015-08-27; registry 2015-09-21; journal 2015 858144
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABLEMAGIC AS. Revenue 2.17m NOK → 4.63m NOK (+113.2%). Equity -170.1k NOK → 434.2k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABLEMAGIC AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.17m NOK to 4.63m NOK (+113.2% YoY). Calculated
-
↑
Equity strengthened
Book equity -170.1k NOK → 434.2k NOK (equity ratio -27.5% → 128.2%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 151.5k NOK (+51.5k NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 192.6k NOK → 28.6k NOK (-85.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 253.5k NOK → 611.6k NOK (+141.3% YoY). Calculated