ABEL CAPITAL MANAGEMENT AS: årsregnskap 2016 vs 2015
Grew 131% on revenue, slipped into loss
approved 2017-05-09; registry 2017-06-12; journal 2017 422659
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABEL CAPITAL MANAGEMENT AS. Revenue 362.9k NOK → 840.1k NOK (+131.5%). Net result +166.3k NOK → -246.9k NOK. Equity 4.36m NOK → 111.4k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
362.9k NOK
840.1k NOK
+131.5%
Operating result
+226.3k NOK
n/m
—
Net result
+166.3k NOK
-246.9k NOK
-248.5%
Equity
4.36m NOK
111.4k NOK
-97.4%
Cash
242.5k NOK
214.7k NOK
-11.5%
Total assets
483.0k NOK
282.8k NOK
-41.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 362.9k NOK to 840.1k NOK (+131.5% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 166.3k NOK profit to a loss of 246.9k NOK. Calculated
-
↓
Equity eroded
Book equity 4.36m NOK → 111.4k NOK (equity ratio 902.3% → 39.4%). Calculated
-
↓
Cash fell
Bank deposits 242.5k NOK → 214.7k NOK (-11.5% YoY). Calculated