FirmaIQ
Org.nr 982 085 160 2015 → 2016 Year-over-year analysis

ABB AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-03-21; registry 2017-05-30; journal 2017 361266

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABB AS. Revenue 9.28bn NOK → 9.06bn NOK (-2.4%). Net result +564.36m NOK → +315.44m NOK. Equity 1.76bn NOK → 1.73bn NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
9.28bn NOK 9.06bn NOK
-2.4%
Operating result
+811.9k NOK +367.8k NOK
-54.7%
Net result
+564.36m NOK +315.44m NOK
-44.1%
Equity
1.76bn NOK 1.73bn NOK
-2.0%
Cash
33.14m NOK 37.81m NOK
+14.1%
Total assets
7.55bn NOK 6.65bn NOK
-11.9%

What improved

  • ↑

    Cash rose

    Bank deposits 33.14m NOK → 37.81m NOK (+14.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.28bn NOK to 9.06bn NOK (-2.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +811.9k NOK → +367.8k NOK (op. margin 0.0% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +564.36m NOK → +315.44m NOK (net margin 6.1% → 3.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.76bn NOK → 1.73bn NOK (equity ratio 23.3% → 26.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.22bn NOK → 2.67bn NOK (24% → 29% of revenue). Calculated