ABC TOOLS AS: årsregnskap 2015 vs 2014
Shrank 71% on revenue, slipped into loss, cash halved-plus
approved 2016-06-30; registry 2016-07-20; journal 2016 707345
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABC TOOLS AS. Revenue 322.4k NOK → 94.3k NOK (-70.8%). Net result +41.9k NOK → -47.0k NOK. Equity 380.6k NOK → 333.6k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TOOLS AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 322.4k NOK to 94.3k NOK (-70.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +45.1k NOK → -47.0k NOK (op. margin 14.0% → -49.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 41.9k NOK profit to a loss of 47.0k NOK. Calculated
-
↓
Equity eroded
Book equity 380.6k NOK → 333.6k NOK (equity ratio 82.6% → 83.9%). Calculated
-
↓
Cash fell
Bank deposits 180.0k NOK → 51.5k NOK (-71.4% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 193.5k NOK → 64.9k NOK (-66.5% YoY). Calculated