Org.nr 914 735 246 2014 → 2015 Year-over-year analysis

ABSOLUMENT AS: årsregnskap 2015 vs 2014

Mixed movements in the accounts

approved 2016-06-15; registry 2016-06-28; journal 2016 592911

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ABSOLUMENT AS. Equity 30.0k NOK → 11.0k NOK.

On the constructive side: cash rose. Pressures included: equity eroded.

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

Scorecard

Equity
30.0k NOK 11.0k NOK
-63.5%
Cash
30.0k NOK 48.2k NOK
+60.7%
Total assets
206.8k NOK 189.7k NOK
-8.3%

What improved

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 48.2k NOK (+60.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → 11.0k NOK (equity ratio 14.5% → 5.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 176.8k NOK → 141.5k NOK. Reported fact