ABSURD FILM AS: årsregnskap 2015 vs 2014
Shrank 46% on revenue
approved 2016-03-22; registry 2016-08-18; journal 2016 843657
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABSURD FILM AS. Revenue 570.6k NOK → 307.5k NOK (-46.1%). Equity 49.6k NOK → -74.5k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSURD FILM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 570.6k NOK to 307.5k NOK (-46.1% YoY). Calculated
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↓
Equity eroded
Book equity 49.6k NOK → -74.5k NOK (equity ratio 36.3% → -43.2%). Calculated
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↓
Cash fell
Bank deposits 65.3k NOK → 49.4k NOK (-24.3% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 47.6k NOK → 55.3k NOK (+16.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -43.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation