FirmaIQ
Org.nr 910 301 268 2014 → 2015 Year-over-year analysis

ABBH AS: årsregnskap 2015 vs 2014

Shrank 10% on revenue, weaker earnings

approved 2016-04-25; registry 2016-07-26; journal 2016 741564

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABBH AS. Revenue 144.10m NOK → 129.61m NOK (-10.1%). Net result +3.89m NOK → +1.16m NOK. Equity 115.75m NOK → 2.10m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABBH AS.

At a glance

Scorecard

Revenue
144.10m NOK 129.61m NOK
-10.1%
Operating result
-1.91m NOK n/m
—
Net result
+3.89m NOK +1.16m NOK
-70.1%
Equity
115.75m NOK 2.10m NOK
-98.2%
Cash
22.27m NOK 12.61m NOK
-43.4%
Total assets
202.40m NOK 169.87m NOK
-16.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 144.10m NOK to 129.61m NOK (-10.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +3.89m NOK → +1.16m NOK (net margin 2.7% → 0.9%). Calculated

  • ↓

    Equity eroded

    Book equity 115.75m NOK → 2.10m NOK (equity ratio 57.2% → 1.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 22.27m NOK → 12.61m NOK (-43.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 47.47m NOK → 1.26m NOK. Reported fact