ABA ELEKTRO AS: årsregnskap 2016 vs 2015
Grew 7% on revenue, weaker earnings, cash halved-plus
approved 2017-07-31; registry 2017-08-05; journal 2017 830880
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABA ELEKTRO AS. Revenue 4.65m NOK → 4.98m NOK (+7.2%). Net result +566.8k NOK → +16.2k NOK. Equity 420.0k NOK → 436.2k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABA ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.65m NOK to 4.98m NOK (+7.2% YoY). Calculated
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↑
Equity strengthened
Book equity 420.0k NOK → 436.2k NOK (equity ratio 32.0% → 18.6%). Calculated
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↑
Payroll decreased
Salary cost 11.84m NOK → 11.60m NOK (255% → 233% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +706.1k NOK → +40.0k NOK (op. margin 15.2% → 0.8%). Calculated
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↓
Net result weakened
Net result +566.8k NOK → +16.2k NOK (net margin 12.2% → 0.3%). Calculated
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↓
Cash fell
Bank deposits 167.4k NOK → 25.1k NOK (-85.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.36m NOK → 3.85m NOK (+63.3% YoY). Calculated