Org.nr 991 472 630 2014 → 2015 Year-over-year analysis

ABRA EIENDOM AS: årsregnskap 2015 vs 2014

Shrank 98% on revenue, weaker earnings, cash halved-plus

approved 2016-03-17; registry 2016-08-22; journal 2016 841671

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ABRA EIENDOM AS. Revenue 98.8k NOK → 2 330 NOK (-97.6%). Net result +1.25m NOK → +33.3k NOK. Equity 28.67m NOK → 33.71m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABRA EIENDOM AS.

Scorecard

Revenue
98.8k NOK 2 330 NOK
-97.6%
Operating result
+719.6k NOK n/m
—
Net result
+1.25m NOK +33.3k NOK
-97.3%
Equity
28.67m NOK 33.71m NOK
+17.6%
Cash
328.1k NOK 2 603 NOK
-99.2%
Total assets
47.41m NOK 110.41m NOK
+132.9%

What improved

  • ↑

    Equity strengthened

    Book equity 28.67m NOK → 33.71m NOK (equity ratio 60.5% → 30.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.07× → 862661.54×. Calculated

  • ↑

    Payroll decreased

    Salary cost 809.4k NOK → 5 868 NOK (819% → 252% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 98.8k NOK to 2 330 NOK (-97.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.25m NOK → +33.3k NOK (net margin 1267.6% → 1429.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 328.1k NOK → 2 603 NOK (-99.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 21.28m NOK → 21.3k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.67m NOK → 549.0k NOK (-67.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.00m NOK → 3 NOK. Reported fact