Org.nr 968 913 468 2014 → 2015 Year-over-year analysis

ABAS AS: årsregnskap 2015 vs 2014

Grew 39% on revenue, cash halved-plus

approved 2016-02-20; registry 2016-04-13; journal 2016 364310

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABAS AS. Revenue 10.77m NOK → 15.02m NOK (+39.5%). Equity 4.65m NOK → 314.4k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ABAS AS.

At a glance

Revenue

10.77m NOK 15.02m NOK

+39.5%

Operating result

+2.00m NOK n/m

—

Equity

4.65m NOK 314.4k NOK

-93.2%

Cash

4.14m NOK 971.9k NOK

-76.5%

Total assets

6.53m NOK 1.84m NOK

-71.8%

↑
Revenue rose

Operating income / revenue moved from 10.77m NOK to 15.02m NOK (+39.5% YoY). Calculated

↓
Equity eroded

Book equity 4.65m NOK → 314.4k NOK (equity ratio 71.3% → 17.1%). Calculated
↓
Cash fell

Bank deposits 4.14m NOK → 971.9k NOK (-76.5% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.14m NOK → 971.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Paid-in equity reduced

Paid-in equity fell 100.0k NOK → 120 NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS moved

COGS / varekostnad 5.62m NOK → 9.78m NOK (+74.2% YoY). Calculated