Org.nr 998 605 415 2013 → 2014 Year-over-year analysis

ABSTREKER AS: årsregnskap 2014 vs 2013

Shrank 77% on revenue

approved 2015-03-04; registry 2015-03-07; journal 2015 318558

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABSTREKER AS. Revenue 140.0k NOK → 32.0k NOK (-77.1%). Equity -82.9k NOK → -148.0k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABSTREKER AS.

At a glance

Revenue

140.0k NOK 32.0k NOK

-77.1%

Equity

-82.9k NOK -148.0k NOK

-78.5%

Cash

35.4k NOK 32.4k NOK

-8.4%

Total assets

90.6k NOK 60.6k NOK

-33.1%

↓
Revenue fell

Operating income / revenue moved from 140.0k NOK to 32.0k NOK (-77.1% YoY). Calculated
↓
Equity eroded

Book equity -82.9k NOK → -148.0k NOK (equity ratio -91.5% → -244.1%). Calculated
↓
Cash fell

Bank deposits 35.4k NOK → 32.4k NOK (-8.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is -244.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 154.2k NOK → 17.0k NOK (-89.0% YoY). Calculated