Org.nr 988 947 938 2014 → 2015 Year-over-year analysis

ABCF INVEST AS: årsregnskap 2015 vs 2014

Stronger earnings, cash halved-plus

approved 2016-04-16; registry 2016-05-09; journal 2016 408029

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABCF INVEST AS. Net result +8.21m NOK → +13.56m NOK. Equity 21.31m NOK → 34.87m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell; cogs moved.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABCF INVEST AS.

At a glance

Operating result

-43.4k NOK -40.8k NOK

+6.1%

Net result

+8.21m NOK +13.56m NOK

+65.2%

Equity

21.31m NOK 34.87m NOK

+63.6%

Cash

1.32m NOK 7 145 NOK

-99.5%

Total assets

21.34m NOK 34.89m NOK

+63.5%

↑
Operating result improved

Operating result -43.4k NOK → -40.8k NOK. Calculated
↑
Net result improved

Net result +8.21m NOK → +13.56m NOK. Calculated
↑
Equity strengthened

Book equity 21.31m NOK → 34.87m NOK (equity ratio 99.9% → 100.0%). Calculated

↓
Cash fell

Bank deposits 1.32m NOK → 7 145 NOK (-99.5% YoY). Calculated
↓
COGS moved

COGS / varekostnad 321 NOK → 949.3k NOK (+295638.6% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.32m NOK → 7 145 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 18.13m NOK → 33.90m NOK. Reported fact