ABACUS NORGE AS: årsregnskap 2016 vs 2015
Grew 38% on revenue
approved 2017-02-22; registry 2017-03-06; journal 2017 219902
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABACUS NORGE AS. Revenue 2.32m NOK → 3.20m NOK (+38.1%). Equity 102.0k NOK → 104.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABACUS NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.32m NOK to 3.20m NOK (+38.1% YoY). Calculated
-
↑
Operating result improved
Operating result -1 352 NOK → +296.0k NOK (op. margin -0.1% → 9.2%). Calculated
-
↑
Equity strengthened
Book equity 102.0k NOK → 104.1k NOK (equity ratio 3258.1% → 6.0%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 908.3k NOK → 462.3k NOK (-49.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation