Org.nr 977 058 228 2014 → 2015 Year-over-year analysis

ABRA FINANCE AS: årsregnskap 2015 vs 2014

Shrank 19% on revenue

approved 2016-06-30; registry 2016-09-05; journal 2016 903785

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ABRA FINANCE AS. Revenue 706.3k NOK → 572.9k NOK (-18.9%). Equity -275.1k NOK → -402.0k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRA FINANCE AS.

Scorecard

Revenue
706.3k NOK 572.9k NOK
-18.9%
Operating result
n/m +117.2k NOK
—
Net result
n/m -127.0k NOK
—
Equity
-275.1k NOK -402.0k NOK
-46.2%
Cash
71.0k NOK 156.7k NOK
+120.9%
Total assets
607.2k NOK 296.4k NOK
-51.2%

What improved

  • ↑

    Cash rose

    Bank deposits 71.0k NOK → 156.7k NOK (+120.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 706.3k NOK to 572.9k NOK (-18.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -275.1k NOK → -402.0k NOK (equity ratio -45.3% → -135.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -135.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation