AB-M AS: årsregnskap 2016 vs 2015
Grew 67% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-07-05; journal 2017 595631
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AB-M AS. Revenue 1.46m NOK → 2.44m NOK (+67.1%). Equity 3.24m NOK → 4.12m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AB-M AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.46m NOK to 2.44m NOK (+67.1% YoY). Calculated
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↑
Equity strengthened
Book equity 3.24m NOK → 4.12m NOK (equity ratio 68.8% → 73.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +464.5k NOK → +1 072 NOK (op. margin 31.8% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 345.8k NOK → 1 136 NOK (-99.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.85× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 759.3k NOK (0% → 31% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 828.8k NOK → 502.5k NOK (-39.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 358.4k NOK → 1.36m NOK. Reported fact