ABENE AS: årsregnskap 2015 vs 2014
Shrank 38% on revenue, weaker earnings
approved 2016-05-19; registry 2016-06-18; journal 2016 532698
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABENE AS. Revenue 7.25m NOK → 4.48m NOK (-38.2%). Net result +818.0k NOK → +522.6k NOK. Equity 4.11m NOK → 7.28m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ABENE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.11m NOK → 7.28m NOK (equity ratio 60.7% → 123.8%). Calculated
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↑
Cash rose
Bank deposits 4.83m NOK → 5.05m NOK (+4.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.88m NOK → 2.43m NOK (40% → 54% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.25m NOK to 4.48m NOK (-38.2% YoY). Calculated
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↓
Operating result weakened
Operating result +1.03m NOK → +681.6k NOK (op. margin 14.2% → 15.2%). Calculated
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↓
Net result weakened
Net result +818.0k NOK → +522.6k NOK (net margin 11.3% → 11.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.42× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 150 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 3.00m NOK → 1.01m NOK (-66.2% YoY). Calculated