Org.nr 933 618 099 2015 → 2016 Year-over-year analysis

ABC-MASKIN AS: årsregnskap 2016 vs 2015

Shrank 22% on revenue

approved 2017-03-08; registry 2017-03-13; journal 2017 227814

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABC-MASKIN AS. Revenue 7.28m NOK → 5.66m NOK (-22.2%). Equity 2.59m NOK → 2.41m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC-MASKIN AS.

At a glance

Revenue

7.28m NOK 5.66m NOK

-22.2%

Equity

2.59m NOK 2.41m NOK

-6.7%

Cash

1.15m NOK 1.50m NOK

+30.4%

Total assets

4.15m NOK 3.53m NOK

-14.8%

↑
Cash rose

Bank deposits 1.15m NOK → 1.50m NOK (+30.4% YoY). Calculated
↑
Payroll decreased

Salary cost 1.55m NOK → 1.37m NOK (21% → 24% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.28m NOK to 5.66m NOK (-22.2% YoY). Calculated
↓
Equity eroded

Book equity 2.59m NOK → 2.41m NOK (equity ratio 62.3% → 68.3%). Calculated