Org.nr 990 692 270 2014 → 2015 Year-over-year analysis

ABAS INVEST AS: årsregnskap 2015 vs 2014

Shrank 10% on revenue, cash halved-plus

approved 2016-04-21; registry 2016-06-16; journal 2016 529235

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ABAS INVEST AS. Revenue 6.43m NOK → 5.80m NOK (-9.8%). Equity 12.40m NOK → 11.81m NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABAS INVEST AS.

Scorecard

Revenue
6.43m NOK 5.80m NOK
-9.8%
Equity
12.40m NOK 11.81m NOK
-4.8%
Cash
791.7k NOK 151.9k NOK
-80.8%
Total assets
59.77m NOK 59.30m NOK
-0.8%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.64× → 96.27×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.43m NOK to 5.80m NOK (-9.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 12.40m NOK → 11.81m NOK (equity ratio 20.8% → 19.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 791.7k NOK → 151.9k NOK (-80.8% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 10.50m NOK → 8.50m NOK — check capital reduction, conversion, or reclassification. Interpretation