ABENE AS: årsregnskap 2016 vs 2015
Stronger earnings, fresh owner capital
approved 2017-05-22; registry 2017-06-17; journal 2017 463732
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABENE AS. Revenue 4.48m NOK → 4.49m NOK (+0.3%). Net result +522.6k NOK → +794.9k NOK. Equity 7.28m NOK → 703.1k NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABENE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.48m NOK to 4.49m NOK (+0.3% YoY). Calculated
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↑
Net result improved
Net result +522.6k NOK → +794.9k NOK (net margin 11.7% → 17.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.15×. Calculated
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↑
Owners injected capital
Paid-in equity rose 150 NOK → 150.0k NOK (+149.8k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +681.6k NOK → +79.2k NOK (op. margin 15.2% → 1.8%). Calculated
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↓
Equity eroded
Book equity 7.28m NOK → 703.1k NOK (equity ratio 123.8% → 13.3%). Calculated
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↓
Cash fell
Bank deposits 5.05m NOK → 4.32m NOK (-14.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.43m NOK → 2.63m NOK (54% → 58% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.01m NOK → 458.0k NOK (-54.9% YoY). Calculated