Org.nr 911 747 456 2014 → 2015 Year-over-year analysis

ABRA KONSULT AS: årsregnskap 2015 vs 2014

Shrank 47% on revenue

approved 2016-02-18; registry 2016-02-22; journal 2016 309347

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABRA KONSULT AS. Revenue 882.7k NOK → 466.9k NOK (-47.1%). Equity 80.3k NOK → 30.1k NOK.

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

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

At a glance

Revenue

882.7k NOK 466.9k NOK

-47.1%

Operating result

n/m +44.0k NOK

—

Net result

n/m +32.1k NOK

—

Equity

80.3k NOK 30.1k NOK

-62.5%

Cash

155.2k NOK 454.3k NOK

+192.8%

Total assets

228.5k NOK 454.3k NOK

+98.9%

↑
Cash rose

Bank deposits 155.2k NOK → 454.3k NOK (+192.8% YoY). Calculated
↑
Payroll decreased

Salary cost 668.8k NOK → 175.1k NOK (76% → 37% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 882.7k NOK to 466.9k NOK (-47.1% YoY). Calculated
↓
Equity eroded

Book equity 80.3k NOK → 30.1k NOK (equity ratio 35.1% → 6.6%). Calculated

·
Thin equity buffer

Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation