FirmaIQ
Org.nr 892 098 832 2015 → 2016 Year-over-year analysis

ABELON GROUP AS: årsregnskap 2016 vs 2015

Shrank 5% on revenue, weaker earnings

approved 2017-05-15; registry 2017-07-08; journal 2017 626098

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABELON GROUP AS. Revenue 1.71m NOK → 1.62m NOK (-5.1%). Net result +886.2k NOK → +468.2k NOK. Equity 3.56m NOK → 3.54m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.71m NOK 1.62m NOK
-5.1%
Net result
+886.2k NOK +468.2k NOK
-47.2%
Equity
3.56m NOK 3.54m NOK
-0.6%
Cash
155.5k NOK 218.0k NOK
+40.2%
Total assets
3.87m NOK 4.87m NOK
+25.9%

What improved

  • ↑

    Cash rose

    Bank deposits 155.5k NOK → 218.0k NOK (+40.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 9.26m NOK → 2.17m NOK (542% → 134% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.71m NOK to 1.62m NOK (-5.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +886.2k NOK → +468.2k NOK (net margin 51.9% → 28.9%). Calculated

  • ↓

    Equity eroded

    Book equity 3.56m NOK → 3.54m NOK (equity ratio 92.1% → 72.7%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 6 766 NOK → 144.1k NOK (+2029.8% YoY). Calculated