ABZ PERSONAL AS: årsregnskap 2015 vs 2014
Shrank 41% on revenue, stronger earnings
approved 2016-06-15; registry 2016-06-25; journal 2016 569956
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABZ PERSONAL AS. Revenue 86.6k NOK → 51.4k NOK (-40.6%). Net result -29.2k NOK → -16.9k NOK. Equity 32.5k NOK → 15.6k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABZ PERSONAL AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -29.2k NOK → -16.9k NOK (net margin -33.7% → -32.8%). Calculated
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↑
Cash rose
Bank deposits 22.4k NOK → 36.6k NOK (+63.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 86.6k NOK to 51.4k NOK (-40.6% YoY). Calculated
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↓
Equity eroded
Book equity 32.5k NOK → 15.6k NOK (equity ratio 9.1% → 5.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 92.4k NOK → 46.0k NOK (-50.3% YoY). Calculated