Org.nr 913 255 828 2015 → 2016 Year-over-year analysis

ABC-MØBLER HOLDING AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-05-16; registry 2017-06-13; journal 2017 439091

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABC-MØBLER HOLDING AS. Net result +16.60m NOK → +2.05m NOK. Equity 27.83m NOK → 2.32m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABC-MØBLER HOLDING AS.

Scorecard

Operating result
-31.1k NOK -105.5k NOK
-239.2%
Net result
+16.60m NOK +2.05m NOK
-87.7%
Equity
27.83m NOK 2.32m NOK
-91.7%
Cash
8 515 NOK 1.50m NOK
+17510.9%
Total assets
27.88m NOK 8.43m NOK
-69.8%

What improved

  • ↑

    Cash rose

    Bank deposits 8 515 NOK → 1.50m NOK (+17510.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -31.1k NOK → -105.5k NOK. Calculated

  • ↓

    Net result weakened

    Net result +16.60m NOK → +2.05m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 27.83m NOK → 2.32m NOK (equity ratio 99.8% → 27.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 333.19× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.04m NOK → 52.3k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 9.47m NOK → 5.31m NOK. Reported fact