ABBAS HOLDING AS: årsregnskap 2015 vs 2014
Cash halved-plus
approved 2016-07-19; registry 2016-08-10; journal 2016 820562
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABBAS HOLDING AS. Equity -152.8k NOK → -167.9k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBAS HOLDING AS.
At a glance
Scorecard
Revenue
2 287 NOK
n/m
—
Net result
-3 072 NOK
n/m
—
Equity
-152.8k NOK
-167.9k NOK
-9.8%
Cash
12.7k NOK
622 NOK
-95.1%
Total assets
167.5k NOK
155.5k NOK
-7.2%
What deteriorated
-
↓
Equity eroded
Book equity -152.8k NOK → -167.9k NOK (equity ratio -91.2% → -108.0%). Calculated
-
↓
Cash fell
Bank deposits 12.7k NOK → 622 NOK (-95.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -108.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation