ABSYN HOLDING AS: årsregnskap 2015 vs 2014
Shrank 35% on revenue, stronger earnings, cash halved-plus
approved 2016-06-14; registry 2016-06-23; journal 2016 561905
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABSYN HOLDING AS. Revenue 509.8k NOK → 333.1k NOK (-34.7%). Net result +560.1k NOK → +806.2k NOK. Equity 2.41m NOK → 3.22m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSYN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -335.7k NOK → +771.1k NOK (op. margin -65.8% → 231.5%). Calculated
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↑
Net result improved
Net result +560.1k NOK → +806.2k NOK (net margin 109.9% → 242.0%). Calculated
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↑
Equity strengthened
Book equity 2.41m NOK → 3.22m NOK (equity ratio 91.8% → 94.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 509.8k NOK to 333.1k NOK (-34.7% YoY). Calculated
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↓
Cash fell
Bank deposits 328.3k NOK → 148.1k NOK (-54.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 398.8k NOK → 40.3k NOK (-89.9% YoY). Calculated