Org.nr 988 087 637 2015 → 2016 Year-over-year analysis

ABRAS EIENDOM AS: årsregnskap 2016 vs 2015

Weaker earnings, cash halved-plus

approved 2017-05-15; registry 2017-05-30; journal 2017 365550

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABRAS EIENDOM AS. Net result +508.3k NOK → +2 016 NOK. Equity 318.3k NOK → 187.7k NOK.

Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABRAS EIENDOM AS.

At a glance

Net result

+508.3k NOK +2 016 NOK

-99.6%

Equity

318.3k NOK 187.7k NOK

-41.0%

Cash

581.6k NOK 5 675 NOK

-99.0%

Total assets

2.62m NOK 2.42m NOK

-7.7%

↓
Net result weakened

Net result +508.3k NOK → +2 016 NOK. Calculated
↓
Equity eroded

Book equity 318.3k NOK → 187.7k NOK (equity ratio 12.2% → 7.8%). Calculated
↓
Cash fell

Bank deposits 581.6k NOK → 5 675 NOK (-99.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 2.62m NOK → 2.40m NOK. Reported fact