FirmaIQ
Org.nr 982 741 076 2015 → 2016 Year-over-year analysis

ABACUS ØKONOMITJENESTER AS: årsregnskap 2016 vs 2015

Grew 16% on revenue, cash halved-plus

approved 2017-02-17; registry 2017-06-26; journal 2017 527297

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABACUS ØKONOMITJENESTER AS. Revenue 10.62m NOK → 12.36m NOK (+16.3%). Net result +1.02m NOK → +1.15m NOK. Equity 964.8k NOK → 730.3k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABACUS ØKONOMITJENESTER AS.

At a glance

Scorecard

Revenue
10.62m NOK 12.36m NOK
+16.3%
Net result
+1.02m NOK +1.15m NOK
+13.2%
Equity
964.8k NOK 730.3k NOK
-24.3%
Cash
927.5k NOK 460.4k NOK
-50.4%
Total assets
4.11m NOK 4.53m NOK
+10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.62m NOK to 12.36m NOK (+16.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.02m NOK → +1.15m NOK (net margin 9.6% → 9.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 964.8k NOK → 730.3k NOK (equity ratio 23.5% → 16.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 927.5k NOK → 460.4k NOK (-50.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 123.5k NOK → 78.7k NOK (-36.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 164.9k NOK → 364.9k NOK. Reported fact