AJBAS AS: årsregnskap 2015 vs 2014
Shrank 79% on revenue
approved 2016-06-20; registry 2016-08-31; journal 2016 883845
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AJBAS AS. Revenue 2.76m NOK → 572.4k NOK (-79.3%). Equity 168.5k NOK → -31.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJBAS AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 507.6k NOK → 24.1k NOK (18% → 4% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.76m NOK to 572.4k NOK (-79.3% YoY). Calculated
-
↓
Equity eroded
Book equity 168.5k NOK → -31.1k NOK (equity ratio 23.2% → -7.8%). Calculated
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↓
Cash fell
Bank deposits 10.8k NOK → 7 929 NOK (-26.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 531.2k NOK → 605.1k NOK (+13.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation