ABBAS EIENDOM AS: årsregnskap 2016 vs 2015
Grew 9% on revenue, cash halved-plus
approved 2017-06-25; registry 2017-06-27; journal 2017 545878
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABBAS EIENDOM AS. Revenue 332.3k NOK → 362.5k NOK (+9.1%). Equity -262.5k NOK → -255.8k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBAS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 332.3k NOK to 362.5k NOK (+9.1% YoY). Calculated
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↑
Equity strengthened
Book equity -262.5k NOK → -255.8k NOK (equity ratio -2602.7% → -109775.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +26.0k NOK → +6 995 NOK (op. margin 7.8% → 1.9%). Calculated
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↓
Cash fell
Bank deposits 10.1k NOK → 233 NOK (-97.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -109775.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation