Org.nr 985 827 877 2014 → 2015 Year-over-year analysis

ABIF TOMTEFESTE I LØKKETANGEN AS: årsregnskap 2015 vs 2014

Weaker earnings, cash halved-plus

approved 2016-04-26; registry 2016-05-04; journal 2016 405573

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ABIF TOMTEFESTE I LØKKETANGEN AS. Net result -15.7k NOK → -45.1k NOK. Equity 22.7k NOK → -22.4k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABIF TOMTEFESTE I LØKKETANGEN AS.

Scorecard

Operating result
-21.2k NOK -15.3k NOK
+27.7%
Net result
-15.7k NOK -45.1k NOK
-187.1%
Equity
22.7k NOK -22.4k NOK
-198.7%
Cash
21.0k NOK 8 314 NOK
-60.4%
Total assets
50.1k NOK 8 314 NOK
-83.4%

What improved

  • ↑

    Operating result improved

    Operating result -21.2k NOK → -15.3k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -15.7k NOK → -45.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 22.7k NOK → -22.4k NOK (equity ratio 45.3% → -269.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 21.0k NOK → 8 314 NOK (-60.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -269.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation