Org.nr 992 294 019 2015 → 2016 Year-over-year analysis

ABC TURBUSSER AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-05-31; registry 2017-06-15; journal 2017 456819

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABC TURBUSSER AS. Revenue 2.14m NOK → 2.12m NOK (-0.8%). Equity -254.0k NOK → 29.2k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

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

At a glance

Revenue

2.14m NOK 2.12m NOK

-0.8%

Equity

-254.0k NOK 29.2k NOK

+111.5%

Cash

464.6k NOK 945.9k NOK

+103.6%

Total assets

1.74m NOK 1.93m NOK

+10.8%

↑
Equity strengthened

Book equity -254.0k NOK → 29.2k NOK (equity ratio -14.6% → 1.5%). Calculated
↑
Cash rose

Bank deposits 464.6k NOK → 945.9k NOK (+103.6% YoY). Calculated
↑
Payroll decreased

Salary cost 835.8k NOK → 675.5k NOK (39% → 32% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.14m NOK to 2.12m NOK (-0.8% YoY). Calculated

·
COGS fell

COGS / varekostnad 228.8k NOK → 119.1k NOK (-47.9% YoY). Calculated