Org.nr 979 962 789 2015 → 2016 Year-over-year analysis

ABK TAK AS: årsregnskap 2016 vs 2015

Shrank 31% on revenue, cash halved-plus

approved 2017-05-31; registry 2017-06-20; journal 2017 492899

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABK TAK AS. Revenue 2.23m NOK → 1.54m NOK (-31.2%). Equity 296.8k NOK → 156.7k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABK TAK AS.

At a glance

Revenue

2.23m NOK 1.54m NOK

-31.2%

Operating result

+23.3k NOK -174.41bn NOK

-748051171.9%

Equity

296.8k NOK 156.7k NOK

-47.2%

Cash

474.9k NOK 159.1k NOK

-66.5%

Total assets

1.25m NOK 941.2k NOK

-24.8%

↑
Payroll decreased

Salary cost 1.76m NOK → 381.4k NOK (79% → 25% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.23m NOK to 1.54m NOK (-31.2% YoY). Calculated
↓
Operating result weakened

Operating result +23.3k NOK → -174.41bn NOK (op. margin 1.0% → -11359531.2%). Calculated
↓
Equity eroded

Book equity 296.8k NOK → 156.7k NOK (equity ratio 23.7% → 16.6%). Calculated
↓
Cash fell

Bank deposits 474.9k NOK → 159.1k NOK (-66.5% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.14× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated