Org.nr 987 493 348 2014 → 2015 Year-over-year analysis

ABACUS IT AS: årsregnskap 2015 vs 2014

Grew 37% on revenue

approved 2016-03-14; registry 2016-04-04; journal 2016 347893

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ABACUS IT AS. Revenue 17.95m NOK → 24.51m NOK (+36.5%). Equity 1.91m NOK → 1.92m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABACUS IT AS.

Scorecard

Revenue
17.95m NOK 24.51m NOK
+36.5%
Operating result
+1.27m NOK n/m
—
Net result
+15.5k NOK n/m
—
Equity
1.91m NOK 1.92m NOK
+0.5%
Cash
411.0k NOK 907.0k NOK
+120.7%
Total assets
8.62m NOK 14.91m NOK
+72.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.95m NOK to 24.51m NOK (+36.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.91m NOK → 1.92m NOK (equity ratio 22.2% → 12.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 411.0k NOK → 907.0k NOK (+120.7% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.23× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.36m NOK → 6.31m NOK (+44.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.52m NOK → 8.58m NOK. Reported fact