ABRAXAS AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2017-06-28; registry 2017-07-05; journal 2017 600865
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABRAXAS AS. Equity 9.37m NOK → 7.66m NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
n/m
+328.6k NOK
—
Equity
9.37m NOK
7.66m NOK
-18.3%
Cash
39.7k NOK
428.8k NOK
+979.2%
Total assets
9.51m NOK
8.66m NOK
-8.9%
What improved
-
↑
Cash rose
Bank deposits 39.7k NOK → 428.8k NOK (+979.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 9.37m NOK → 7.66m NOK (equity ratio 98.5% → 88.4%). Calculated