ABEL DIGITAL SECURITY AS: årsregnskap 2016 vs 2015
Shrank 22% on revenue, fresh owner capital
approved 2017-04-17; registry 2017-06-07; journal 2017 397067
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABEL DIGITAL SECURITY AS. Revenue 1.28m NOK → 995.0k NOK (-22.2%). Net result +380.2k NOK → +351.4k NOK. Equity 350.9k NOK → 2.43m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABEL DIGITAL SECURITY AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 350.9k NOK → 2.43m NOK (equity ratio 100.0% → 100.0%). Calculated
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↑
Cash rose
Bank deposits 22.0k NOK → 1.19m NOK (+5316.4% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.29m NOK → 2.02m NOK (+729.5k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.28m NOK to 995.0k NOK (-22.2% YoY). Calculated
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↓
Operating result weakened
Operating result +383.1k NOK → +161.9k NOK (op. margin 29.9% → 16.3%). Calculated
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↓
Net result weakened
Net result +380.2k NOK → +351.4k NOK (net margin 29.7% → 35.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 20.9k NOK → 28.5k NOK (2% → 3% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 343.6k NOK → 222.9k NOK (-35.1% YoY). Calculated