ABA CON AS: årsregnskap 2015 vs 2014
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2016-06-30; registry 2016-08-29; journal 2016 869814
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABA CON AS. Revenue 655.0k NOK → 1 106 NOK (-99.8%). Net result +101.8k NOK → +535.49m NOK. Equity 772.7k NOK → 773.3k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABA CON AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +168.6k NOK → +769.21m NOK (op. margin 25.7% → 69548749.4%). Calculated
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Net result improved
Net result +101.8k NOK → +535.49m NOK (net margin 15.5% → 48416916.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 655.0k NOK to 1 106 NOK (-99.8% YoY). Calculated
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↓
Cash fell
Bank deposits 1.84m NOK → 112.3k NOK (-93.9% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 5.71× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.84m NOK → 112.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 673.4k NOK → 43.3k NOK. Reported fact