ABUNDANTIA AS: årsregnskap 2014 vs 2013
Grew 99282% on revenue, slipped into loss
approved 2015-11-17; registry 2015-12-03; journal 2015 956630
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABUNDANTIA AS. Revenue 1 103 NOK → 1.10m NOK (+99281.8%). Net result +152.4k NOK → -187.2k NOK. Equity 20.1k NOK → -167.2k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABUNDANTIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 103 NOK to 1.10m NOK (+99281.8% YoY). Calculated
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↑
Cash rose
Bank deposits 457.8k NOK → 718.5k NOK (+56.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 862.8k NOK → 1 179 NOK (78224% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +149.3k NOK → -198.1k NOK (op. margin 13532.7% → -18.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 152.4k NOK profit to a loss of 187.2k NOK. Calculated
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↓
Equity eroded
Book equity 20.1k NOK → -167.2k NOK (equity ratio 2.9% → -18.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation