ABLE AS: årsregnskap 2015 vs 2014
Grew 87% on revenue, stronger earnings
approved 2016-03-15; registry 2016-03-30; journal 2016 338306
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABLE AS. Revenue 2.17m NOK → 4.05m NOK (+86.6%). Net result +18 NOK → +304.4k NOK. Equity 652.1k NOK → 231.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ABLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.17m NOK to 4.05m NOK (+86.6% YoY). Calculated
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↑
Operating result improved
Operating result -396.5k NOK → +420.6k NOK (op. margin -18.3% → 10.4%). Calculated
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↑
Net result improved
Net result +18 NOK → +304.4k NOK (net margin 0.0% → 7.5%). Calculated
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↑
Cash rose
Bank deposits 36.2k NOK → 1.33m NOK (+3555.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 652.1k NOK → 231.5k NOK (equity ratio 76.5% → 69.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 652.1k NOK → 231.5k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 1.58m NOK → 2.16m NOK (73% → 53% of revenue). Calculated