FirmaIQ
Org.nr 962 225 217 2014 → 2015 Year-over-year analysis

ABLE PRODUCTS AS: årsregnskap 2015 vs 2014

Cash halved-plus

approved 2016-04-20; registry 2016-05-07; journal 2016 406523

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABLE PRODUCTS AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 16.90m NOK → 18.03m NOK.

On the constructive side: equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABLE PRODUCTS AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Equity
16.90m NOK 18.03m NOK
+6.7%
Cash
1.74m NOK 516.2k NOK
-70.4%
Total assets
18.13m NOK 19.62m NOK
+8.3%

What improved

  • ↑

    Equity strengthened

    Book equity 16.90m NOK → 18.03m NOK (equity ratio 93.2% → 91.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.74m NOK → 516.2k NOK (-70.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.74m NOK → 516.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 13.53m NOK → 16.85m NOK. Reported fact