Org.nr 998 085 497 2014 → 2015 Year-over-year analysis

ABBVIE AS: årsregnskap 2015 vs 2014

Mixed movements in the accounts

approved 2016-06-02; registry 2016-07-18; journal 2016 694374

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABBVIE AS. Revenue 460.38m NOK → 465.71m NOK (+1.2%). Equity 37.83m NOK → 28.50m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBVIE AS.

At a glance

Revenue

460.38m NOK 465.71m NOK

+1.2%

Equity

37.83m NOK 28.50m NOK

-24.7%

Cash

20.01m NOK 26.97m NOK

+34.8%

Total assets

208.90m NOK 132.34m NOK

-36.6%

↑
Revenue rose

Operating income / revenue moved from 460.38m NOK to 465.71m NOK (+1.2% YoY). Calculated
↑
Cash rose

Bank deposits 20.01m NOK → 26.97m NOK (+34.8% YoY). Calculated

↓
Equity eroded

Book equity 37.83m NOK → 28.50m NOK (equity ratio 18.1% → 21.5%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.19× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 281.95m NOK → 277.64m NOK (-1.5% YoY). Calculated