Org.nr 991 847 073 2015 → 2016 Year-over-year analysis

ABES TRAFIKKSKOLE AS: årsregnskap 2016 vs 2015

Grew 13% on revenue, returned to profit, cash halved-plus

approved 2017-06-06; registry 2017-06-22; journal 2017 512656

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABES TRAFIKKSKOLE AS. Revenue 8.12m NOK → 9.20m NOK (+13.3%). Net result -166.9k NOK → +204.8k NOK. Equity 413.1k NOK → 617.9k NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABES TRAFIKKSKOLE AS.

Scorecard

Revenue
8.12m NOK 9.20m NOK
+13.3%
Net result
-166.9k NOK +204.8k NOK
+222.7%
Equity
413.1k NOK 617.9k NOK
+49.6%
Cash
423.9k NOK 4 145 NOK
-99.0%
Total assets
3.25m NOK 3.91m NOK
+20.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.12m NOK to 9.20m NOK (+13.3% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 166.9k NOK to a profit of 204.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 413.1k NOK → 617.9k NOK (equity ratio 12.7% → 15.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 423.9k NOK → 4 145 NOK (-99.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 190.7k NOK → 215.9k NOK (+13.3% YoY). Calculated