Org.nr 897 047 292 2015 → 2016 Year-over-year analysis

ABC ART BUSINESS COLLECTION AS: årsregnskap 2016 vs 2015

Grew 25% on revenue

approved 2017-05-04; registry 2017-06-14; journal 2017 448400

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABC ART BUSINESS COLLECTION AS. Revenue 2.25m NOK → 2.82m NOK (+25.1%). Equity 400.9k NOK → 848.7k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABC ART BUSINESS COLLECTION AS.

At a glance

Revenue

2.25m NOK 2.82m NOK

+25.1%

Operating result

+296.0k NOK +634.1k NOK

+114.2%

Equity

400.9k NOK 848.7k NOK

+111.7%

Cash

3 339 NOK 5 807 NOK

+73.9%

Total assets

1.41m NOK 1.93m NOK

+37.1%

↑
Revenue rose

Operating income / revenue moved from 2.25m NOK to 2.82m NOK (+25.1% YoY). Calculated
↑
Operating result improved

Operating result +296.0k NOK → +634.1k NOK (op. margin 13.1% → 22.5%). Calculated
↑
Equity strengthened

Book equity 400.9k NOK → 848.7k NOK (equity ratio 28.5% → 44.0%). Calculated
↑
Cash rose

Bank deposits 3 339 NOK → 5 807 NOK (+73.9% YoY). Calculated
↑
Payroll decreased

Salary cost 59.1k NOK → 10.8k NOK (3% → 0% of revenue). Calculated

·
COGS moved

COGS / varekostnad 385.2k NOK → 1.91m NOK (+395.6% YoY). Calculated