ABELSNES INVEST AS: årsregnskap 2016 vs 2015
Shrank 96% on revenue
approved 2017-05-20; registry 2017-06-13; journal 2017 432649
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABELSNES INVEST AS. Revenue 142.6k NOK → 6 050 NOK (-95.8%). Equity 5.49m NOK → 72.5k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer; 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 +67.8k NOK → +8.38m NOK (op. margin 47.5% → 138488.4%). Calculated
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↑
Cash rose
Bank deposits 62.0k NOK → 871.2k NOK (+1306.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 142.6k NOK to 6 050 NOK (-95.8% YoY). Calculated
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↓
Equity eroded
Book equity 5.49m NOK → 72.5k NOK (equity ratio 271.6% → 4.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 0 NOK → 165.7k NOK (0% → 2738% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 9.95m NOK → 559.4k NOK. Reported fact