Org.nr 991 314 180 2015 → 2016 Year-over-year analysis

ABILIKA AS: årsregnskap 2016 vs 2015

Shrank 78% on revenue, cash halved-plus

approved 2017-06-30; registry 2017-08-02; journal 2017 809916

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABILIKA AS. Revenue 3.11m NOK → 693.2k NOK (-77.7%). Equity 5.56m NOK → 484.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABILIKA AS.

At a glance

Revenue

3.11m NOK 693.2k NOK

-77.7%

Operating result

n/m -63.6k NOK

—

Net result

n/m -70.8k NOK

—

Equity

5.56m NOK 484.4k NOK

-91.3%

Cash

2.17m NOK 188.4k NOK

-91.3%

Total assets

2.72m NOK 616.0k NOK

-77.4%

↑
Payroll decreased

Salary cost 2.91m NOK → 2.54m NOK (94% → 367% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.11m NOK to 693.2k NOK (-77.7% YoY). Calculated
↓
Equity eroded

Book equity 5.56m NOK → 484.4k NOK (equity ratio 204.2% → 78.6%). Calculated
↓
Cash fell

Bank deposits 2.17m NOK → 188.4k NOK (-91.3% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.17m NOK → 188.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation