Org.nr 998 228 433 2014 → 2015 Year-over-year analysis

ABS INSTALLASJON AS: årsregnskap 2015 vs 2014

Shrank 18% on revenue, cash halved-plus

approved 2015-12-31; registry 2016-03-12; journal 2016 326573

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABS INSTALLASJON AS. Revenue 2.29m NOK → 1.89m NOK (-17.6%). Equity 61.2k NOK → 62.6k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

2.29m NOK 1.89m NOK

-17.6%

Operating result

+16.7k NOK +2 575 NOK

-84.6%

Net result

n/m +1 402 NOK

—

Equity

61.2k NOK 62.6k NOK

+2.3%

Cash

359.2k NOK 153.3k NOK

-57.3%

Total assets

578.5k NOK 469.6k NOK

-18.8%

↑
Equity strengthened

Book equity 61.2k NOK → 62.6k NOK (equity ratio 10.6% → 13.3%). Calculated
↑
Payroll decreased

Salary cost 1.67m NOK → 1.36m NOK (73% → 72% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.29m NOK to 1.89m NOK (-17.6% YoY). Calculated
↓
Operating result weakened

Operating result +16.7k NOK → +2 575 NOK (op. margin 0.7% → 0.1%). Calculated
↓
Cash fell

Bank deposits 359.2k NOK → 153.3k NOK (-57.3% YoY). Calculated
↓
COGS moved

COGS / varekostnad 316.3k NOK → 360.7k NOK (+14.0% YoY). Calculated