ABYSS AS: årsregnskap 2015 vs 2014
Grew 55% on revenue, cash halved-plus
approved 2016-05-02; registry 2016-06-30; journal 2016 600385
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABYSS AS. Revenue 68.22m NOK → 105.85m NOK (+55.2%). Equity 7.49m NOK → 8.97m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABYSS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 68.22m NOK to 105.85m NOK (+55.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 7.49m NOK → 8.97m NOK (equity ratio 32.9% → 29.2%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 5.58m NOK → 1.66m NOK (-70.3% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.58m NOK → 1.66m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS moved
COGS / varekostnad 7.32m NOK → 28.60m NOK (+290.7% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 174 NOK → 1 287 NOK. Reported fact