Org.nr 889 311 002 2015 → 2016 Year-over-year analysis

ABC MOJO CAPITAL HOLDING AS: årsregnskap 2016 vs 2015

Shrank 43% on revenue, stronger earnings

approved 2017-05-24; registry 2017-06-29; journal 2017 558773

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABC MOJO CAPITAL HOLDING AS. Revenue 34.4k NOK → 19.5k NOK (-43.4%). Net result -215.0k NOK → -34.9k NOK. Equity -729.5k NOK → -764.4k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABC MOJO CAPITAL HOLDING AS.

Scorecard

Revenue
34.4k NOK 19.5k NOK
-43.4%
Operating result
+17.9k NOK +6 600 NOK
-63.0%
Net result
-215.0k NOK -34.9k NOK
+83.8%
Equity
-729.5k NOK -764.4k NOK
-4.8%
Cash
34.0k NOK 39.0k NOK
+14.7%
Total assets
106.2k NOK 69.4k NOK
-34.7%

What improved

  • ↑

    Net result improved

    Net result -215.0k NOK → -34.9k NOK (net margin -624.7% → -179.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 34.0k NOK → 39.0k NOK (+14.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 34.4k NOK to 19.5k NOK (-43.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +17.9k NOK → +6 600 NOK (op. margin 51.9% → 33.8%). Calculated

  • ↓

    Equity eroded

    Book equity -729.5k NOK → -764.4k NOK (equity ratio -687.1% → -1101.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1101.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 70.2k NOK → 30.4k NOK. Reported fact