ABYSS ASSETS AS: årsregnskap 2015 vs 2014
Grew 7% on revenue
approved 2016-05-02; registry 2016-06-30; journal 2016 600515
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABYSS ASSETS AS. Revenue 20.87m NOK → 22.38m NOK (+7.2%). Equity 587.5k NOK → 526.5k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABYSS ASSETS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.87m NOK to 22.38m NOK (+7.2% YoY). Calculated
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↑
Cash rose
Bank deposits 375.1k NOK → 461.1k NOK (+22.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 9.73m NOK → 9.56m NOK (47% → 43% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 587.5k NOK → 526.5k NOK (equity ratio 7.5% → 4.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 5.38m NOK → 7.65m NOK (+42.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 74.9k NOK → 76.9k NOK. Reported fact