ABELSNES INVEST AS: årsregnskap 2015 vs 2014
Shrank 33% on revenue, stronger earnings, cash halved-plus
approved 2016-05-31; registry 2016-08-24; journal 2016 851504
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABELSNES INVEST AS. Revenue 214.0k NOK → 142.6k NOK (-33.3%). Net result +108.8k NOK → +225.0k NOK. Equity 1.72m NOK → 5.49m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELSNES INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +3 880 NOK → +67.8k NOK (op. margin 1.8% → 47.5%). Calculated
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↑
Net result improved
Net result +108.8k NOK → +225.0k NOK (net margin 50.9% → 157.8%). Calculated
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↑
Equity strengthened
Book equity 1.72m NOK → 5.49m NOK (equity ratio 55.1% → 271.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 214.0k NOK to 142.6k NOK (-33.3% YoY). Calculated
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↓
Cash fell
Bank deposits 198.6k NOK → 62.0k NOK (-68.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.32m NOK → 9.95m NOK. Reported fact