Org.nr 990 818 932 2015 → 2016 Year-over-year analysis

ABC MATTESERVICE AS: årsregnskap 2016 vs 2015

Shrank 52% on revenue

approved 2017-05-31; registry 2017-07-06; journal 2017 606191

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABC MATTESERVICE AS. Revenue 1.63m NOK → 791.3k NOK (-51.5%). Equity 1.02m NOK → 446.3k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC MATTESERVICE AS.

At a glance

Revenue

1.63m NOK 791.3k NOK

-51.5%

Operating result

+95.7k NOK +2 016 NOK

-97.9%

Net result

+58.0k NOK n/m

—

Equity

1.02m NOK 446.3k NOK

-56.0%

Cash

-75.2k NOK 4 684 NOK

+106.2%

Total assets

1.25m NOK 819.8k NOK

-34.5%

↑
Cash rose

Bank deposits -75.2k NOK → 4 684 NOK (+106.2% YoY). Calculated
↑
Payroll decreased

Salary cost 434.7k NOK → 2 016 NOK (27% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.63m NOK to 791.3k NOK (-51.5% YoY). Calculated
↓
Operating result weakened

Operating result +95.7k NOK → +2 016 NOK (op. margin 5.9% → 0.3%). Calculated
↓
Equity eroded

Book equity 1.02m NOK → 446.3k NOK (equity ratio 81.1% → 54.4%). Calculated
↓
COGS moved

COGS / varekostnad 438.7k NOK → 710.0k NOK (+61.9% YoY). Calculated

·
Book investments changed

Investment / intangible book value 24.4k NOK → 39.6k NOK. Reported fact