Org.nr 976 052 560 2015 → 2016 Year-over-year analysis

ABICON ELEKTRO AS: årsregnskap 2016 vs 2015

Shrank 33% on revenue

approved 2017-06-22; registry 2017-07-06; journal 2017 613537

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABICON ELEKTRO AS. Revenue 151.09m NOK → 101.21m NOK (-33.0%). Equity 31.81m NOK → 26.24m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABICON ELEKTRO AS.

At a glance

Revenue

151.09m NOK 101.21m NOK

-33.0%

Operating result

n/m +2 015 NOK

—

Equity

31.81m NOK 26.24m NOK

-17.5%

Cash

14.81m NOK 11.20m NOK

-24.4%

Total assets

59.54m NOK 56.39m NOK

-5.3%

↓
Revenue fell

Operating income / revenue moved from 151.09m NOK to 101.21m NOK (-33.0% YoY). Calculated
↓
Equity eroded

Book equity 31.81m NOK → 26.24m NOK (equity ratio 53.4% → 46.5%). Calculated
↓
Cash fell

Bank deposits 14.81m NOK → 11.20m NOK (-24.4% YoY). Calculated

·
COGS fell

COGS / varekostnad 73.31m NOK → 39.89m NOK (-45.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 2.44m NOK → 1.28m NOK. Reported fact