ABAS KOSMETIKK AS: årsregnskap 2016 vs 2015
Shrank 15% on revenue, stronger earnings
approved 2017-06-28; registry 2017-07-08; journal 2017 628320
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABAS KOSMETIKK AS. Revenue 8.52m NOK → 7.25m NOK (-14.8%). Net result +127.5k NOK → +343.9k NOK. Equity 1.17m NOK → 1.52m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAS KOSMETIKK AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +127.5k NOK → +343.9k NOK (net margin 1.5% → 4.7%). Calculated
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↑
Equity strengthened
Book equity 1.17m NOK → 1.52m NOK (equity ratio 30.2% → 31.4%). Calculated
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↑
Cash rose
Bank deposits 886.5k NOK → 1.40m NOK (+58.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.52m NOK to 7.25m NOK (-14.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.92m NOK → 1.94m NOK (22% → 27% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.01m NOK → 3.62m NOK (-27.7% YoY). Calculated