ABLE AS: årsregnskap 2016 vs 2015
Grew 74% on revenue, stronger earnings, fresh owner capital
approved 2017-03-30; registry 2017-05-31; journal 2017 367537
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABLE AS. Revenue 4.05m NOK → 7.04m NOK (+74.0%). Net result +304.4k NOK → +639.4k NOK. Equity 231.5k NOK → 570.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABLE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.05m NOK to 7.04m NOK (+74.0% YoY). Calculated
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Operating result improved
Operating result +420.6k NOK → +441.7k NOK (op. margin 10.4% → 6.3%). Calculated
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Net result improved
Net result +304.4k NOK → +639.4k NOK (net margin 7.5% → 9.1%). Calculated
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Equity strengthened
Book equity 231.5k NOK → 570.7k NOK (equity ratio 69.6% → 14.6%). Calculated
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Owners injected capital
Paid-in equity rose 231.5k NOK → 331.5k NOK (+100.0k NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 1.33m NOK → 951.7k NOK (-28.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.16m NOK → 2.44m NOK (53% → 35% of revenue). Calculated