Org.nr 942 813 708 2015 → 2016 Year-over-year analysis

ABRA AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-04-03; registry 2017-06-19; journal 2017 478797

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABRA AS. Equity 55.53m NOK → 29.07m NOK.

Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

n/m 0 NOK

—

Operating result

n/m +461.3k NOK

—

Equity

55.53m NOK 29.07m NOK

-47.6%

Cash

29.23m NOK 6.66m NOK

-77.2%

Total assets

55.79m NOK 29.90m NOK

-46.4%

↓
Equity eroded

Book equity 55.53m NOK → 29.07m NOK (equity ratio 99.5% → 97.2%). Calculated
↓
Cash fell

Bank deposits 29.23m NOK → 6.66m NOK (-77.2% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (29.23m NOK → 6.66m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 22.55m NOK → 21.07m NOK. Reported fact