FirmaIQ
Org.nr 892 098 832 2014 → 2015 Year-over-year analysis

ABELON GROUP AS: årsregnskap 2015 vs 2014

Grew 46% on revenue, weaker earnings, cash halved-plus

approved 2016-02-15; registry 2016-08-17; journal 2016 829871

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABELON GROUP AS. Revenue 1.17m NOK → 1.71m NOK (+46.5%). Net result +3.90m NOK → +886.2k NOK. Equity 6.68m NOK → 3.56m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABELON GROUP AS.

At a glance

Scorecard

Revenue
1.17m NOK 1.71m NOK
+46.5%
Operating result
-635.3k NOK n/m
—
Net result
+3.90m NOK +886.2k NOK
-77.3%
Equity
6.68m NOK 3.56m NOK
-46.6%
Cash
580.0k NOK 155.5k NOK
-73.2%
Total assets
7.05m NOK 3.87m NOK
-45.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.17m NOK to 1.71m NOK (+46.5% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.90m NOK → +886.2k NOK (net margin 333.9% → 51.9%). Calculated

  • ↓

    Equity eroded

    Book equity 6.68m NOK → 3.56m NOK (equity ratio 94.7% → 92.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 580.0k NOK → 155.5k NOK (-73.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 714.4k NOK → 9.26m NOK (61% → 542% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.46m NOK → 915.1k NOK. Reported fact