ABRAHALLEN AS: årsregnskap 2015 vs 2014
Grew 704% on revenue, stronger earnings, cash halved-plus
approved 2016-06-20; registry 2016-07-09; journal 2016 656025
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABRAHALLEN AS. Revenue 266.2k NOK → 2.14m NOK (+704.2%). Net result +2 014 NOK → +1799.80bn NOK. Equity 6.94m NOK → 6.64m NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABRAHALLEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 266.2k NOK to 2.14m NOK (+704.2% YoY). Calculated
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Net result improved
Net result +2 014 NOK → +1799.80bn NOK (net margin 0.8% → 84072385.3%). Calculated
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Current ratio back above 1×
Current ratio 0.98× → 3.62×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.94m NOK → 6.64m NOK (equity ratio 19.6% → 22.8%). Calculated
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↓
Cash fell
Bank deposits 3.31m NOK → 384.8k NOK (-88.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.31m NOK → 384.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation