Org.nr 991 729 666 2015 → 2016 Year-over-year analysis

ABBOTT MEDICAL NORWAY AS: årsregnskap 2016 vs 2015

Grew 90220% on revenue, weaker earnings

approved 2017-06-16; registry 2017-07-05; journal 2017 601767

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABBOTT MEDICAL NORWAY AS. Revenue 112.5k NOK → 101.63m NOK (+90219.6%). Net result +1.38m NOK → +562.3k NOK. Equity 5.53m NOK → 6.09m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABBOTT MEDICAL NORWAY AS.

Scorecard

Revenue
112.5k NOK 101.63m NOK
+90219.6%
Operating result
+1.59m NOK +1.09m NOK
-31.7%
Net result
+1.38m NOK +562.3k NOK
-59.2%
Equity
5.53m NOK 6.09m NOK
+10.2%
Cash
2 079 NOK 5.52m NOK
+265290.8%
Total assets
18.66m NOK 19.69m NOK
+5.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 112.5k NOK to 101.63m NOK (+90219.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.53m NOK → 6.09m NOK (equity ratio 29.7% → 30.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 079 NOK → 5.52m NOK (+265290.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.59m NOK → +1.09m NOK (op. margin 1412.8% → 1.1%). Calculated

  • ↓

    Net result weakened

    Net result +1.38m NOK → +562.3k NOK (net margin 1225.4% → 0.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 14.6k NOK → 15.40m NOK (13% → 15% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 86.6k NOK → 73.86m NOK (+85181.3% YoY). Calculated