Org.nr 988 976 881 2015 → 2016 Year-over-year analysis

ABACS AS: årsregnskap 2016 vs 2015

Grew 221% on revenue

approved 2017-06-30; registry 2017-07-05; journal 2017 596705

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABACS AS. Revenue 199.2k NOK → 638.9k NOK (+220.7%). Equity 11.21m NOK → 12.08m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABACS AS.

Scorecard

Revenue
199.2k NOK 638.9k NOK
+220.7%
Net result
-263.7k NOK n/m
—
Equity
11.21m NOK 12.08m NOK
+7.8%
Cash
539.9k NOK 462.3k NOK
-14.4%
Total assets
12.81m NOK 15.22m NOK
+18.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 199.2k NOK to 638.9k NOK (+220.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 11.21m NOK → 12.08m NOK (equity ratio 87.5% → 79.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 539.9k NOK → 462.3k NOK (-14.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 318.9k NOK → 203.9k NOK (-36.0% YoY). Calculated