ADVANCED BIOPOLYMERS AS: årsregnskap 2015 vs 2014
A steady year on the published lines
approved 2016-06-30; registry 2016-07-18; journal 2016 693124
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVANCED BIOPOLYMERS AS. Equity -185.3k NOK → -232.8k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVANCED BIOPOLYMERS AS.
At a glance
Scorecard
Operating result
-49.8k NOK
-47.6k NOK
+4.5%
Net result
n/m
+47.6k NOK
—
Equity
-185.3k NOK
-232.8k NOK
-25.7%
Cash
25.0k NOK
22.6k NOK
-9.5%
Total assets
25.0k NOK
22.6k NOK
-9.5%
What improved
-
↑
Operating result improved
Operating result -49.8k NOK → -47.6k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -185.3k NOK → -232.8k NOK (equity ratio -742.5% → -1031.4%). Calculated
-
↓
Cash fell
Bank deposits 25.0k NOK → 22.6k NOK (-9.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1031.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation