FirmaIQ
Org.nr 962 238 742 2014 → 2015 Year-over-year analysis

ABL GROUP NORWAY AS: årsregnskap 2015 vs 2014

Shrank 35% on revenue, slipped into loss

approved 2016-05-31; registry 2016-08-04; journal 2016 803783

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABL GROUP NORWAY AS. Revenue 28.37m NOK → 18.40m NOK (-35.1%). Net result +1.80m NOK → -8 004 NOK. Equity 2.82m NOK → 2.74m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABL GROUP NORWAY AS.

At a glance

Scorecard

Revenue
28.37m NOK 18.40m NOK
-35.1%
Net result
+1.80m NOK -8 004 NOK
-100.4%
Equity
2.82m NOK 2.74m NOK
-2.8%
Cash
4 114 NOK 4 114 NOK
0.0%
Total assets
9.54m NOK 5.26m NOK
-44.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 13.47m NOK → 11.56m NOK (47% → 63% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 28.37m NOK to 18.40m NOK (-35.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.80m NOK profit to a loss of 8 004 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.82m NOK → 2.74m NOK (equity ratio 29.6% → 52.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.97m NOK → 4.31m NOK (-45.9% YoY). Calculated