FirmaIQ
Org.nr 937 794 878 2015 → 2016 Year-over-year analysis

ABILDSØ ELEKTRISKE AS: årsregnskap 2016 vs 2015

Shrank 36% on revenue, weaker earnings

approved 2017-05-30; registry 2017-06-14; journal 2017 441365

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABILDSØ ELEKTRISKE AS. Revenue 40.23m NOK → 25.81m NOK (-35.9%). Net result +4.27m NOK → +1.60m NOK. Equity 51.7k NOK → 1.15m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
40.23m NOK 25.81m NOK
-35.9%
Operating result
+5.87m NOK +2.14m NOK
-63.6%
Net result
+4.27m NOK +1.60m NOK
-62.6%
Equity
51.7k NOK 1.15m NOK
+2124.7%
Cash
5.06m NOK 7.60m NOK
+50.4%
Total assets
19.55m NOK 11.31m NOK
-42.2%

What improved

  • ↑

    Equity strengthened

    Book equity 51.7k NOK → 1.15m NOK (equity ratio 0.3% → 10.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.06m NOK → 7.60m NOK (+50.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 40.23m NOK to 25.81m NOK (-35.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.87m NOK → +2.14m NOK (op. margin 14.6% → 8.3%). Calculated

  • ↓

    Net result weakened

    Net result +4.27m NOK → +1.60m NOK (net margin 10.6% → 6.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 10.70m NOK → 11.23m NOK (27% → 44% of revenue). Calculated