Org.nr 876 702 312 2015 → 2016 Year-over-year analysis

AJBAS AS: årsregnskap 2016 vs 2015

Shrank 99% on revenue

approved 2017-06-30; registry 2017-08-03; journal 2017 805476

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AJBAS AS. Revenue 572.4k NOK → 8 000 NOK (-98.6%). Equity -31.1k NOK → -52.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AJBAS AS.

Scorecard

Revenue
572.4k NOK 8 000 NOK
-98.6%
Operating result
n/m -21.5k NOK
—
Net result
n/m -21.5k NOK
—
Equity
-31.1k NOK -52.6k NOK
-69.3%
Cash
7 929 NOK 18.9k NOK
+137.8%
Total assets
397.9k NOK 414.2k NOK
+4.1%

What improved

  • ↑

    Cash rose

    Bank deposits 7 929 NOK → 18.9k NOK (+137.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 572.4k NOK to 8 000 NOK (-98.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -31.1k NOK → -52.6k NOK (equity ratio -7.8% → -12.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 299.7k NOK → 314.7k NOK. Reported fact