ABEL DIGITAL SECURITY AS: årsregnskap 2015 vs 2014
Shrank 17% on revenue, cash halved-plus
approved 2016-06-17; registry 2016-06-28; journal 2016 586735
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABEL DIGITAL SECURITY AS. Revenue 1.53m NOK → 1.28m NOK (-16.5%). Net result +428.2k NOK → +380.2k NOK. Equity 970.6k NOK → 350.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABEL DIGITAL SECURITY AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.53m NOK to 1.28m NOK (-16.5% YoY). Calculated
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↓
Operating result weakened
Operating result +415.5k NOK → +383.1k NOK (op. margin 27.1% → 29.9%). Calculated
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↓
Net result weakened
Net result +428.2k NOK → +380.2k NOK (net margin 27.9% → 29.7%). Calculated
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↓
Equity eroded
Book equity 970.6k NOK → 350.9k NOK (equity ratio 99.7% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 495.6k NOK → 22.0k NOK (-95.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 450.7k NOK → 343.6k NOK (-23.8% YoY). Calculated