ABBAS EIENDOM AS: årsregnskap 2015 vs 2014
Grew 11% on revenue, returned to profit, cash halved-plus
approved 2016-07-26; registry 2016-08-23; journal 2016 852084
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABBAS EIENDOM AS. Revenue 299.1k NOK → 332.3k NOK (+11.1%). Net result -315.3k NOK → +25.5k NOK. Equity -288.1k NOK → -262.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBAS EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 299.1k NOK to 332.3k NOK (+11.1% YoY). Calculated
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Operating result improved
Operating result -314.6k NOK → +26.0k NOK (op. margin -105.2% → 7.8%). Calculated
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Turned profitable
Net result flipped from a loss of 315.3k NOK to a profit of 25.5k NOK. Calculated
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Equity strengthened
Book equity -288.1k NOK → -262.5k NOK (equity ratio -1209.9% → -2602.7%). Calculated
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Payroll decreased
Salary cost 613.7k NOK → 306.3k NOK (205% → 92% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 27.3k NOK → 10.1k NOK (-63.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2602.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation