ABC CLAUSEN AS: årsregnskap 2016 vs 2015
Shrank 8% on revenue, weaker earnings
approved 2017-06-19; registry 2017-08-07; journal 2017 828876
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABC CLAUSEN AS. Revenue 9.55m NOK → 8.83m NOK (-7.6%). Net result -39.6k NOK → -98.5k NOK. Equity 168.2k NOK → 69.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC CLAUSEN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 9.55m NOK to 8.83m NOK (-7.6% YoY). Calculated
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↓
Operating result weakened
Operating result +94.0k NOK → +2 404 NOK (op. margin 1.0% → 0.0%). Calculated
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↓
Net result weakened
Net result -39.6k NOK → -98.5k NOK (net margin -0.4% → -1.1%). Calculated
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↓
Equity eroded
Book equity 168.2k NOK → 69.8k NOK (equity ratio 13.8% → 7.3%). Calculated
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↓
Cash fell
Bank deposits 241.5k NOK → 213.7k NOK (-11.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 6.04m NOK → 5.69m NOK (-5.8% YoY). Calculated