ABACOT AS: årsregnskap 2016 vs 2015
Weaker earnings
approved 2017-03-30; registry 2017-04-20; journal 2017 280007
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABACOT AS. Revenue 675.4k NOK → 696.0k NOK (+3.0%). Net result +144.7k NOK → +40.2k NOK. Equity 3.62m NOK → 3.66m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACOT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 675.4k NOK to 696.0k NOK (+3.0% YoY). Calculated
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↑
Equity strengthened
Book equity 3.62m NOK → 3.66m NOK (equity ratio 84.4% → 92.9%). Calculated
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↑
Cash rose
Bank deposits 493.6k NOK → 747.0k NOK (+51.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +61.3k NOK → +50.0k NOK (op. margin 9.1% → 7.2%). Calculated
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↓
Net result weakened
Net result +144.7k NOK → +40.2k NOK (net margin 21.4% → 5.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 368.0k NOK → 1.95m NOK. Reported fact