Org.nr 968 913 468 2015 → 2016 Year-over-year analysis

ABAS AS: årsregnskap 2016 vs 2015

Shrank 80% on revenue, cash halved-plus, fresh owner capital

approved 2017-03-31; registry 2017-04-05; journal 2017 263666

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABAS AS. Revenue 15.02m NOK → 2.97m NOK (-80.2%). Equity 314.4k NOK → 262.1k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAS AS.

At a glance

Revenue

15.02m NOK 2.97m NOK

-80.2%

Net result

n/m -52.4k NOK

—

Equity

314.4k NOK 262.1k NOK

-16.7%

Cash

971.9k NOK 437.1k NOK

-55.0%

Total assets

1.84m NOK 938.8k NOK

-48.9%

↑
Owners injected capital

Paid-in equity rose 120 NOK → 120.0k NOK (+119.9k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 15.02m NOK to 2.97m NOK (-80.2% YoY). Calculated
↓
Equity eroded

Book equity 314.4k NOK → 262.1k NOK (equity ratio 17.1% → 27.9%). Calculated
↓
Cash fell

Bank deposits 971.9k NOK → 437.1k NOK (-55.0% YoY). Calculated