FirmaIQ
Org.nr 981 566 459 2015 → 2016 Year-over-year analysis

ABE STAR PARKETT AS: årsregnskap 2016 vs 2015

Shrank 40% on revenue, weaker earnings

approved 2017-06-28; registry 2017-07-06; journal 2017 613253

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABE STAR PARKETT AS. Revenue 5.83m NOK → 3.50m NOK (-40.0%). Net result +777.1k NOK → +213.3k NOK. Equity 18.5k NOK → 981.8k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
5.83m NOK 3.50m NOK
-40.0%
Operating result
+1.14m NOK +314.0k NOK
-72.4%
Net result
+777.1k NOK +213.3k NOK
-72.5%
Equity
18.5k NOK 981.8k NOK
+5205.2%
Cash
348.0k NOK 941.4k NOK
+170.5%
Total assets
3.38m NOK 1.94m NOK
-42.7%

What improved

  • ↑

    Equity strengthened

    Book equity 18.5k NOK → 981.8k NOK (equity ratio 0.5% → 50.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 348.0k NOK → 941.4k NOK (+170.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.38m NOK → 1.67m NOK (41% → 48% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.83m NOK to 3.50m NOK (-40.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.14m NOK → +314.0k NOK (op. margin 19.5% → 9.0%). Calculated

  • ↓

    Net result weakened

    Net result +777.1k NOK → +213.3k NOK (net margin 13.3% → 6.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 649.7k NOK → 728.1k NOK (+12.1% YoY). Calculated