Org.nr 999 529 593 2013 → 2014 Year-over-year analysis

ABYSS ASSETS AS: årsregnskap 2014 vs 2013

Grew 83% on revenue

approved 2015-04-21; registry 2015-06-03; journal 2015 422150

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABYSS ASSETS AS. Revenue 11.39m NOK → 20.87m NOK (+83.3%). Equity 130.1k NOK → 587.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABYSS ASSETS AS.

At a glance

Revenue

11.39m NOK 20.87m NOK

+83.3%

Operating result

+78.4k NOK n/m

—

Equity

130.1k NOK 587.5k NOK

+351.5%

Cash

106.1k NOK 375.1k NOK

+253.7%

Total assets

245.8k NOK 7.87m NOK

+3100.1%

↑
Revenue rose

Operating income / revenue moved from 11.39m NOK to 20.87m NOK (+83.3% YoY). Calculated
↑
Equity strengthened

Book equity 130.1k NOK → 587.5k NOK (equity ratio 52.9% → 7.5%). Calculated
↑
Cash rose

Bank deposits 106.1k NOK → 375.1k NOK (+253.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 4 515 NOK → 9.73m NOK (0% → 47% of revenue). Calculated
·
COGS moved

COGS / varekostnad 3 311 NOK → 5.38m NOK (+162477.8% YoY). Calculated