FirmaIQ
Org.nr 913 174 682 2014 → 2015 Year-over-year analysis

ABC SOLUTIONS AS: årsregnskap 2015 vs 2014

Shrank 61% on revenue, stronger earnings

approved 2016-06-23; registry 2016-07-02; journal 2016 614569

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABC SOLUTIONS AS. Revenue 394.4k NOK → 152.9k NOK (-61.2%). Net result +69.9k NOK → +1.14m NOK. Equity 6.16m NOK → 930.8k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
394.4k NOK 152.9k NOK
-61.2%
Net result
+69.9k NOK +1.14m NOK
+1528.9%
Equity
6.16m NOK 930.8k NOK
-84.9%
Cash
48.3k NOK 1.45m NOK
+2903.5%
Total assets
541.4k NOK 463.2k NOK
-14.4%

What improved

  • ↑

    Net result improved

    Net result +69.9k NOK → +1.14m NOK (net margin 17.7% → 744.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 48.3k NOK → 1.45m NOK (+2903.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 394.4k NOK to 152.9k NOK (-61.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.16m NOK → 930.8k NOK (equity ratio 1137.5% → 200.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.42× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 283 NOK → 6.02bn NOK (+2128869611.3% YoY). Calculated