Org.nr 990 330 441 2015 → 2016 Year-over-year analysis

ABE INVEST AS: årsregnskap 2016 vs 2015

Weaker earnings, cash halved-plus

approved 2017-03-17; registry 2017-05-23; journal 2017 340887

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABE INVEST AS. Net result -69.4k NOK → -647.5k NOK. Equity 1.04m NOK → 388.6k NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABE INVEST AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-18.1k NOK -3 368 NOK

+81.3%

Net result

-69.4k NOK -647.5k NOK

-832.9%

Equity

1.04m NOK 388.6k NOK

-62.5%

Cash

915.3k NOK 85.6k NOK

-90.6%

Total assets

2.34m NOK 398.4k NOK

-83.0%

↑
Operating result improved

Operating result -18.1k NOK → -3 368 NOK. Calculated

↓
Net result weakened

Net result -69.4k NOK → -647.5k NOK. Calculated
↓
Equity eroded

Book equity 1.04m NOK → 388.6k NOK (equity ratio 44.2% → 97.5%). Calculated
↓
Cash fell

Bank deposits 915.3k NOK → 85.6k NOK (-90.6% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1.43m NOK → 312.8k NOK. Reported fact