ABOVO AS: årsregnskap 2014 vs 2013
Grew 276% on revenue, slipped into loss
approved 2015-05-15; registry 2015-06-06; journal 2015 430023
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABOVO AS. Revenue 399.3k NOK → 1.50m NOK (+275.6%). Net result +142.1k NOK → -44.3k NOK. Equity 392.7k NOK → 348.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABOVO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 399.3k NOK to 1.50m NOK (+275.6% YoY). Calculated
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↑
Cash rose
Bank deposits 30.3k NOK → 200.6k NOK (+562.0% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 142.1k NOK profit to a loss of 44.3k NOK. Calculated
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↓
Equity eroded
Book equity 392.7k NOK → 348.4k NOK (equity ratio 75.8% → 66.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 487.2k NOK → 556.4k NOK (122% → 37% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 605.0k NOK → 573.3k NOK (-5.2% YoY). Calculated