ABRAKADABRA COMMUNICATION AS: årsregnskap 2014 vs 2013
Shrank 100% on revenue
approved 2015-06-30; registry 2015-07-21; journal 2015 618971
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABRAKADABRA COMMUNICATION AS. Revenue 722.53m NOK → 1 661 NOK (-100.0%). Equity 273.2k NOK → 829.3k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABRAKADABRA COMMUNICATION AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -553.6k NOK → +615.3k NOK (op. margin -0.1% → 37044.9%). Calculated
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↑
Equity strengthened
Book equity 273.2k NOK → 829.3k NOK (equity ratio 30.9% → 253.2%). Calculated
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↑
Cash rose
Bank deposits 120.1k NOK → 371.8k NOK (+209.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.87× → 1.96×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 722.53m NOK to 1 661 NOK (-100.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 10.46m NOK (0% → 629602% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 290.0k NOK → 276.2k NOK (-4.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 13.35m NOK → 12.35m NOK. Reported fact