ABC TOOLS AS: årsregnskap 2016 vs 2015
Grew 96% on revenue, returned to profit
approved 2017-05-24; registry 2017-06-12; journal 2017 421811
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABC TOOLS AS. Revenue 94.3k NOK → 184.8k NOK (+96.0%). Net result -47.0k NOK → +16.5k NOK. Equity 333.6k NOK → 320.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABC TOOLS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 94.3k NOK to 184.8k NOK (+96.0% YoY). Calculated
-
↑
Operating result improved
Operating result -47.0k NOK → -16.3k NOK (op. margin -49.9% → -8.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 47.0k NOK to a profit of 16.5k NOK. Calculated
-
↑
Cash rose
Bank deposits 51.5k NOK → 141.2k NOK (+174.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 333.6k NOK → 320.5k NOK (equity ratio 83.9% → 65.6%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 64.9k NOK → 109.7k NOK (+69.1% YoY). Calculated