FirmaIQ
Org.nr 935 693 462 2014 → 2015 Year-over-year analysis

ABL NORWAY AS: årsregnskap 2015 vs 2014

Shrank 16% on revenue, cash halved-plus

approved 2016-06-30; registry 2016-07-25; journal 2016 733578

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABL NORWAY AS. Revenue 46.55m NOK → 39.17m NOK (-15.8%). Equity 7.16m NOK → 2.00m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ABL NORWAY AS.

At a glance

Scorecard

Revenue
46.55m NOK 39.17m NOK
-15.8%
Equity
7.16m NOK 2.00m NOK
-72.1%
Cash
3.78m NOK 1.47m NOK
-61.1%
Total assets
20.57m NOK 17.99m NOK
-12.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 46.55m NOK to 39.17m NOK (-15.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 7.16m NOK → 2.00m NOK (equity ratio 34.8% → 11.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.78m NOK → 1.47m NOK (-61.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.78× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 19.38m NOK → 23.53m NOK (42% → 60% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.78m NOK → 1.47m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 7.16m NOK → 2.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 18.68m NOK → 18.39m NOK (-1.5% YoY). Calculated