ABC - VARMEPUMPER AS: årsregnskap 2016 vs 2015
Grew 28221% on revenue, slipped into loss, cash halved-plus
approved 2017-04-04; registry 2017-04-08; journal 2017 267036
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABC - VARMEPUMPER AS. Revenue 2 601 NOK → 736.6k NOK (+28221.1%). Net result +57.39bn NOK → -78.0k NOK. Equity 351.7k NOK → 273.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC - VARMEPUMPER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2 601 NOK to 736.6k NOK (+28221.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +78.53bn NOK → -102.0k NOK (op. margin 3019383166.6% → -13.8%). Calculated
-
↓
Fell into a net loss
Net result flipped from 57.39bn NOK profit to a loss of 78.0k NOK. Calculated
-
↓
Equity eroded
Book equity 351.7k NOK → 273.6k NOK (equity ratio 64.9% → 65.7%). Calculated
-
↓
Cash fell
Bank deposits 379.1k NOK → 173.0k NOK (-54.4% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 166 NOK → 191.7k NOK (45% → 26% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 610.0k NOK → 426.4k NOK (-30.1% YoY). Calculated