Org.nr 992 169 028 2014 → 2015 Year-over-year analysis

ABELON TECHNOLOGY AS: årsregnskap 2015 vs 2014

Grew 1379% on revenue, cash halved-plus

approved 2016-02-15; registry 2016-08-17; journal 2016 829875

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABELON TECHNOLOGY AS. Revenue 200.4k NOK → 2.96m NOK (+1379.5%). Equity 100.0k NOK → 388.7k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABELON TECHNOLOGY AS.

At a glance

Revenue

200.4k NOK 2.96m NOK

+1379.5%

Operating result

+1.26m NOK +468.4k NOK

-62.7%

Net result

+787.0k NOK n/m

—

Equity

100.0k NOK 388.7k NOK

+288.7%

Cash

321.2k NOK 48.9k NOK

-84.8%

Total assets

840.7k NOK 2.23m NOK

+165.1%

↑
Revenue rose

Operating income / revenue moved from 200.4k NOK to 2.96m NOK (+1379.5% YoY). Calculated
↑
Equity strengthened

Book equity 100.0k NOK → 388.7k NOK (equity ratio 11.9% → 17.4%). Calculated

↓
Operating result weakened

Operating result +1.26m NOK → +468.4k NOK (op. margin 626.5% → 15.8%). Calculated
↓
Cash fell

Bank deposits 321.2k NOK → 48.9k NOK (-84.8% YoY). Calculated

·
COGS moved

COGS / varekostnad 53.5k NOK → 1.17m NOK (+2081.9% YoY). Calculated