Org.nr 998 881 846 2014 → 2015 Year-over-year analysis

AB3 HOLDING AS: årsregnskap 2015 vs 2014

Weaker earnings

approved 2016-06-20; registry 2016-09-08; journal 2016 918780

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AB3 HOLDING AS. Revenue 0 NOK → 198.6k NOK. Net result -3 769 NOK → -190.6k NOK. Equity 11.7k NOK → -178.9k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AB3 HOLDING AS.

Scorecard

Revenue
0 NOK 198.6k NOK
—
Operating result
-3 580 NOK -190.3k NOK
-5215.8%
Net result
-3 769 NOK -190.6k NOK
-4957.6%
Equity
11.7k NOK -178.9k NOK
-1633.1%
Cash
11.7k NOK 37.4k NOK
+220.7%
Total assets
11.7k NOK 40.2k NOK
+244.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 198.6k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 11.7k NOK → 37.4k NOK (+220.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 580 NOK → -190.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 769 NOK → -190.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.7k NOK → -178.9k NOK (equity ratio 100.0% → -444.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -444.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 11.7k NOK → -178.9k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 0 NOK → 347.4k NOK. Calculated