Org.nr 998 204 267 2014 → 2015 Year-over-year analysis

ABAX TECHNOLOGY AS: årsregnskap 2015 vs 2014

Grew 163% on revenue

approved 2016-06-06; registry 2016-09-05; journal 2016 907830

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ABAX TECHNOLOGY AS. Revenue 200.3k NOK → 526.5k NOK (+162.8%). Equity -1.38m NOK → 191.0k NOK.

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

Also worth watching: operating result unchanged. All figures are taken from the published annual accounts for ABAX TECHNOLOGY AS.

Scorecard

Revenue
200.3k NOK 526.5k NOK
+162.8%
Operating result
+2 014 NOK +2 014 NOK
0.0%
Equity
-1.38m NOK 191.0k NOK
+113.8%
Cash
130.7k NOK 73.0k NOK
-44.2%
Total assets
3.55m NOK 4.98m NOK
+40.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 200.3k NOK to 526.5k NOK (+162.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -1.38m NOK → 191.0k NOK (equity ratio -39.0% → 3.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 130.7k NOK → 73.0k NOK (-44.2% YoY). Calculated

Things to notice

  • ·

    Operating result unchanged

    Operating result +2 014 NOK → +2 014 NOK (op. margin 1.0% → 0.4%). Calculated