A2BUS AS: årsregnskap 2016 vs 2015
Shrank 68% on revenue, weaker earnings, cash halved-plus
approved 2017-06-30; registry 2017-07-31; journal 2017 786162
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A2BUS AS. Revenue 1.75m NOK → 557.6k NOK (-68.1%). Net result -86.6k NOK → -277.4k NOK. Equity 350.2k NOK → 72.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 616.8k NOK → 413.9k NOK (35% → 74% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.75m NOK to 557.6k NOK (-68.1% YoY). Calculated
-
↓
Operating result weakened
Operating result -63.4k NOK → -257.8k NOK (op. margin -3.6% → -46.2%). Calculated
-
↓
Net result weakened
Net result -86.6k NOK → -277.4k NOK (net margin -5.0% → -49.8%). Calculated
-
↓
Equity eroded
Book equity 350.2k NOK → 72.8k NOK (equity ratio 58.5% → 68.0%). Calculated
-
↓
Cash fell
Bank deposits 250.5k NOK → 100.5k NOK (-59.9% YoY). Calculated