ABG SUNDAL COLLIER ASA: årsregnskap 2016 vs 2015
Grew 89540% on revenue, weaker earnings, cash halved-plus
approved 2017-04-26; registry 2017-05-09; journal 2017 309082
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABG SUNDAL COLLIER ASA. Revenue 749.2k NOK → 671.57m NOK (+89539.8%). Net result +192.15m NOK → +216.7k NOK. Equity 672.74m NOK → 632.49m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABG SUNDAL COLLIER ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 749.2k NOK to 671.57m NOK (+89539.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +192.15m NOK → +216.7k NOK (net margin 25648.3% → 0.0%). Calculated
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↓
Equity eroded
Book equity 672.74m NOK → 632.49m NOK (equity ratio 30.2% → 21.8%). Calculated
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↓
Cash fell
Bank deposits 548.27m NOK → 728.4k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (548.27m NOK → 728.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 12.4k NOK → 11.3k NOK. Reported fact