ABA-TECH AS: årsregnskap 2016 vs 2015
Grew 229% on revenue, returned to profit
approved 2017-06-30; registry 2017-08-03; journal 2017 806966
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABA-TECH AS. Revenue 6.34m NOK → 20.88m NOK (+229.4%). Net result -531.0k NOK → +901.0k NOK. Equity 93.8k NOK → 1.05m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABA-TECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.34m NOK to 20.88m NOK (+229.4% YoY). Calculated
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↑
Operating result improved
Operating result +411 NOK → +1 254 NOK (op. margin 0.0% → 0.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 531.0k NOK to a profit of 901.0k NOK. Calculated
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↑
Equity strengthened
Book equity 93.8k NOK → 1.05m NOK (equity ratio 1.9% → 26.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.05× → 2.21×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 156.4k NOK → 144.3k NOK (-7.7% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3.11m NOK → 14.62m NOK (+369.8% YoY). Calculated