ABILITY KOMPETANSE AS: årsregnskap 2015 vs 2014
Shrank 52% on revenue, cash halved-plus
approved 2016-07-14; registry 2016-08-02; journal 2016 791055
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABILITY KOMPETANSE AS. Revenue 843.0k NOK → 401.5k NOK (-52.4%). Equity -100.9k NOK → -391.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABILITY KOMPETANSE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.50m NOK → 423.8k NOK (296% → 106% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 843.0k NOK to 401.5k NOK (-52.4% YoY). Calculated
-
↓
Equity eroded
Book equity -100.9k NOK → -391.3k NOK (equity ratio -13.7% → -68.9%). Calculated
-
↓
Cash fell
Bank deposits 187.4k NOK → 35.1k NOK (-81.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.54× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 60.1k NOK → 103.9k NOK (+72.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -68.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1 125 NOK → 1 NOK. Reported fact