ABC TAK OG BYGGSERVICE AS: årsregnskap 2016 vs 2015
Shrank 60% on revenue, cash halved-plus
approved 2017-05-31; registry 2017-06-13; journal 2017 435303
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABC TAK OG BYGGSERVICE AS. Revenue 1.23m NOK → 485.9k NOK (-60.3%). Equity 164.8k NOK → -82.1k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC TAK OG BYGGSERVICE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.23m NOK to 485.9k NOK (-60.3% YoY). Calculated
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Equity eroded
Book equity 164.8k NOK → -82.1k NOK (equity ratio 47.2% → -1520.8%). Calculated
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Cash fell
Bank deposits 89.0k NOK → 559 NOK (-99.4% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.89× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 450.9k NOK → 3.28m NOK (37% → 675% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1520.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 572.3k NOK → 286.7k NOK (-49.9% YoY). Calculated