ABS SHOOTING AS: årsregnskap 2015 vs 2014
Grew 19% on revenue, stronger earnings
approved 2016-05-13; registry 2016-06-20; journal 2016 539814
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABS SHOOTING AS. Revenue 6.94m NOK → 8.27m NOK (+19.2%). Net result +414.4k NOK → +343.86bn NOK. Equity 697.8k NOK → 41.6k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABS SHOOTING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.94m NOK to 8.27m NOK (+19.2% YoY). Calculated
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↑
Net result improved
Net result +414.4k NOK → +343.86bn NOK (net margin 6.0% → 4156991.2%). Calculated
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Cash rose
Bank deposits 33.9k NOK → 970.9k NOK (+2762.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +604.7k NOK → +502.8k NOK (op. margin 8.7% → 6.1%). Calculated
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↓
Equity eroded
Book equity 697.8k NOK → 41.6k NOK (equity ratio 36.9% → 1.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 374.9k NOK → 439.0k NOK (5% → 5% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.36m NOK → 6.81m NOK (+27.1% YoY). Calculated