Org.nr 990 711 224 2014 → 2015 Year-over-year analysis

ABK RØRSERVICE AS: årsregnskap 2015 vs 2014

Shrank 27% on revenue, slipped into loss, cash halved-plus

approved 2016-05-20; registry 2016-06-07; journal 2016 473620

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABK RØRSERVICE AS. Revenue 9.94m NOK → 7.24m NOK (-27.1%). Net result +43.5k NOK → -484.7k NOK.

Pressures included: revenue fell; fell into a net loss; cash fell.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ABK RØRSERVICE AS.

At a glance

Revenue

9.94m NOK 7.24m NOK

-27.1%

Net result

+43.5k NOK -484.7k NOK

-1215.6%

Equity

2.26m NOK n/m

—

Cash

1.66m NOK 581.9k NOK

-64.9%

Total assets

3.69m NOK 2.63m NOK

-28.6%

↓
Revenue fell

Operating income / revenue moved from 9.94m NOK to 7.24m NOK (-27.1% YoY). Calculated
↓
Fell into a net loss

Net result flipped from 43.5k NOK profit to a loss of 484.7k NOK. Calculated
↓
Cash fell

Bank deposits 1.66m NOK → 581.9k NOK (-64.9% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.66m NOK → 581.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 3.62m NOK → 2.69m NOK (-25.7% YoY). Calculated