Org.nr 987 578 939 2014 → 2015 Year-over-year analysis

ABYSSUS MARINE SERVICES AS: årsregnskap 2015 vs 2014

Shrank 68% on revenue, cash halved-plus

approved 2016-06-29; registry 2016-09-08; journal 2016 919766

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABYSSUS MARINE SERVICES AS. Revenue 5.40m NOK → 1.71m NOK (-68.3%). Equity 10 NOK → 821.2k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABYSSUS MARINE SERVICES AS.

At a glance

Revenue

5.40m NOK 1.71m NOK

-68.3%

Net result

n/m +179.3k NOK

—

Equity

10 NOK 821.2k NOK

+8211700.0%

Cash

927.3k NOK 145.5k NOK

-84.3%

Total assets

7.75m NOK 5.44m NOK

-29.8%

↑
Equity strengthened

Book equity 10 NOK → 821.2k NOK (equity ratio 0.0% → 15.1%). Calculated
↑
Payroll decreased

Salary cost 4.77m NOK → 4.44m NOK (88% → 259% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.40m NOK to 1.71m NOK (-68.3% YoY). Calculated
↓
Cash fell

Bank deposits 927.3k NOK → 145.5k NOK (-84.3% YoY). Calculated

·
COGS fell

COGS / varekostnad 985.8k NOK → 16.2k NOK (-98.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 3.83m NOK → 3.19m NOK. Reported fact