ABUNDANTIA AS: årsregnskap 2015 vs 2014
Grew 32% on revenue, stronger earnings
approved 2016-06-03; registry 2016-07-16; journal 2016 700358
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABUNDANTIA AS. Revenue 1.10m NOK → 1.44m NOK (+31.6%). Net result -187.2k NOK → -49.8k NOK. Equity -167.2k NOK → -217.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABUNDANTIA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.10m NOK to 1.44m NOK (+31.6% YoY). Calculated
-
↑
Operating result improved
Operating result -198.1k NOK → -58.3k NOK (op. margin -18.1% → -4.0%). Calculated
-
↑
Net result improved
Net result -187.2k NOK → -49.8k NOK (net margin -17.1% → -3.5%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -167.2k NOK → -217.0k NOK (equity ratio -18.4% → -9657.1%). Calculated
-
↓
Cash fell
Bank deposits 718.5k NOK → 622.0k NOK (-13.4% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 12.12× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -9657.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1 179 NOK → 1.39m NOK (0% → 97% of revenue). Calculated