FirmaIQ
Org.nr 913 174 682 2015 → 2016 Year-over-year analysis

ABC SOLUTIONS AS: årsregnskap 2016 vs 2015

Grew 2099% on revenue, weaker earnings

approved 2017-05-31; registry 2017-06-13; journal 2017 431125

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABC SOLUTIONS AS. Revenue 152.9k NOK → 3.36m NOK (+2099.1%). Net result +1.14m NOK → +268.6k NOK. Equity 930.8k NOK → 936.9k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
152.9k NOK 3.36m NOK
+2099.1%
Operating result
n/m +358.0k NOK
—
Net result
+1.14m NOK +268.6k NOK
-76.4%
Equity
930.8k NOK 936.9k NOK
+0.7%
Cash
1.45m NOK 979.4k NOK
-32.5%
Total assets
463.2k NOK 427.9k NOK
-7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 152.9k NOK to 3.36m NOK (+2099.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 930.8k NOK → 936.9k NOK (equity ratio 200.9% → 218.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.88× → 2.92×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.14m NOK → +268.6k NOK (net margin 744.0% → 8.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.45m NOK → 979.4k NOK (-32.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.02bn NOK → 2.68m NOK (-100.0% YoY). Calculated