Org.nr 990 648 506 2015 → 2016 Year-over-year analysis

ABAN INTERNATIONAL NORWAY AS: årsregnskap 2016 vs 2015

Grew 16% on revenue, stronger earnings, fresh owner capital

approved 2016-09-29; registry 2017-01-26; journal 2017 203172

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABAN INTERNATIONAL NORWAY AS. Revenue 66.59m NOK → 77.28m NOK (+16.0%). Net result -42.69m NOK → -6.69m NOK. Equity 1.39m NOK → 1.26bn NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABAN INTERNATIONAL NORWAY AS.

Scorecard

Revenue
66.59m NOK 77.28m NOK
+16.0%
Net result
-42.69m NOK -6.69m NOK
+84.3%
Equity
1.39m NOK 1.26bn NOK
+90234.7%
Cash
521 NOK 236.1k NOK
+45217.5%
Total assets
1.59bn NOK 1.56bn NOK
-1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 66.59m NOK to 77.28m NOK (+16.0% YoY). Calculated

  • ↑

    Net result improved

    Net result -42.69m NOK → -6.69m NOK (net margin -64.1% → -8.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.39m NOK → 1.26bn NOK (equity ratio 0.1% → 80.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 521 NOK → 236.1k NOK (+45217.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.23m NOK → 1.23bn NOK (+1.23bn NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 11.4k NOK → 252.0k NOK (0% → 0% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.56bn NOK → 1.54bn NOK. Reported fact