Org.nr 983 931 014 2015 → 2016 Year-over-year analysis

ADVANCED BIOPOLYMERS AS: årsregnskap 2016 vs 2015

A steady year on the published lines

approved 2017-05-29; registry 2017-06-10; journal 2017 412207

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVANCED BIOPOLYMERS AS. Net result +47.6k NOK → +48.1k NOK. Equity -232.8k NOK → -280.9k NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVANCED BIOPOLYMERS AS.

Scorecard

Operating result
-47.6k NOK -48.1k NOK
-1.1%
Net result
+47.6k NOK +48.1k NOK
+1.1%
Equity
-232.8k NOK -280.9k NOK
-20.6%
Cash
22.6k NOK 20.2k NOK
-10.5%
Total assets
22.6k NOK 20.2k NOK
-10.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -47.6k NOK → -48.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -232.8k NOK → -280.9k NOK (equity ratio -1031.4% → -1390.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 22.6k NOK → 20.2k NOK (-10.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1390.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation