ABILITY GROUP AS: årsregnskap 2015 vs 2014
Cash halved-plus
approved 2016-06-16; registry 2016-06-27; journal 2016 578557
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABILITY GROUP AS. Equity -262.0k NOK → -306.5k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABILITY GROUP AS.
At a glance
Scorecard
Equity
-262.0k NOK
-306.5k NOK
-17.0%
Cash
97.1k NOK
1 019 NOK
-99.0%
Total assets
168.8k NOK
87.8k NOK
-48.0%
What deteriorated
-
↓
Equity eroded
Book equity -262.0k NOK → -306.5k NOK (equity ratio -155.2% → -349.1%). Calculated
-
↓
Cash fell
Bank deposits 97.1k NOK → 1 019 NOK (-99.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -349.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 64.8k NOK → 83.1k NOK. Reported fact