ABACUS HOLDING AS: årsregnskap 2016 vs 2015
Weaker earnings
approved 2017-02-17; registry 2017-02-28; journal 2017 214645
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABACUS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +971.81m NOK → +367.27m NOK. Equity 2.93m NOK → 2.00m NOK.
On the constructive side: cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Net result
+971.81m NOK
+367.27m NOK
-62.2%
Equity
2.93m NOK
2.00m NOK
-31.8%
Cash
153 NOK
1 418 NOK
+826.8%
Total assets
2.95m NOK
2.02m NOK
-31.6%
What improved
-
↑
Cash rose
Bank deposits 153 NOK → 1 418 NOK (+826.8% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +971.81m NOK → +367.27m NOK. Calculated
-
↓
Equity eroded
Book equity 2.93m NOK → 2.00m NOK (equity ratio 99.4% → 99.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 55.52× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated