Org.nr 997 109 937 2014 → 2015 Year-over-year analysis

ABOVO AS: årsregnskap 2015 vs 2014

Shrank 19% on revenue

approved 2016-05-18; registry 2016-06-11; journal 2016 497509

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABOVO AS. Revenue 1.50m NOK → 1.22m NOK (-18.8%). Equity 348.4k NOK → 478.0k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

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

At a glance

Revenue

1.50m NOK 1.22m NOK

-18.8%

Net result

-44.3k NOK n/m

—

Equity

348.4k NOK 478.0k NOK

+37.2%

Cash

200.6k NOK 198.1k NOK

-1.3%

Total assets

525.0k NOK 601.1k NOK

+14.5%

↑
Equity strengthened

Book equity 348.4k NOK → 478.0k NOK (equity ratio 66.4% → 79.5%). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.50m NOK to 1.22m NOK (-18.8% YoY). Calculated
↓
Cash fell

Bank deposits 200.6k NOK → 198.1k NOK (-1.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 556.4k NOK → 565.3k NOK (37% → 46% of revenue). Calculated

·
COGS fell

COGS / varekostnad 573.3k NOK → 448.4k NOK (-21.8% YoY). Calculated