FirmaIQ
Org.nr 991 482 148 2015 → 2016 Year-over-year analysis

ABD RØRSERVICE AS: årsregnskap 2016 vs 2015

Grew 21% on revenue, weaker earnings, fresh owner capital

approved 2017-06-21; registry 2017-07-06; journal 2017 617530

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABD RØRSERVICE AS. Revenue 14.48m NOK → 17.46m NOK (+20.5%). Net result +825.6k NOK → +67.5k NOK. Equity 570.0k NOK → 1.70m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABD RØRSERVICE AS.

At a glance

Scorecard

Revenue
14.48m NOK 17.46m NOK
+20.5%
Operating result
+1.15m NOK +108.6k NOK
-90.6%
Net result
+825.6k NOK +67.5k NOK
-91.8%
Equity
570.0k NOK 1.70m NOK
+198.8%
Cash
787.9k NOK 910.8k NOK
+15.6%
Total assets
5.96m NOK 5.72m NOK
-3.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.48m NOK to 17.46m NOK (+20.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 570.0k NOK → 1.70m NOK (equity ratio 9.6% → 29.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 787.9k NOK → 910.8k NOK (+15.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 150.0k NOK → 215.6k NOK (+65.6k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.15m NOK → +108.6k NOK (op. margin 7.9% → 0.6%). Calculated

  • ↓

    Net result weakened

    Net result +825.6k NOK → +67.5k NOK (net margin 5.7% → 0.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.86m NOK → 9.59m NOK (+39.8% YoY). Calculated