ABACUS PLM SOLUTIONS AS: årsregnskap 2016 vs 2015
Grew 26% on revenue, slipped into loss, fresh owner capital
approved 2017-06-30; registry 2017-07-24; journal 2017 761786
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABACUS PLM SOLUTIONS AS. Revenue 729.1k NOK → 921.3k NOK (+26.4%). Net result +39.1k NOK → -121.6k NOK. Equity 69.1k NOK → -52.5k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABACUS PLM SOLUTIONS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 729.1k NOK to 921.3k NOK (+26.4% YoY). Calculated
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↑
Cash rose
Bank deposits 247.3k NOK → 265.0k NOK (+7.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 30.0k NOK → 69.1k NOK (+39.1k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +53.5k NOK → -120.4k NOK (op. margin 7.3% → -13.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 39.1k NOK profit to a loss of 121.6k NOK. Calculated
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↓
Equity eroded
Book equity 69.1k NOK → -52.5k NOK (equity ratio 16.5% → -10.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 NOK → 1.73m NOK (0% → 188% of revenue). Calculated