Org.nr 920 916 562 2015 → 2016 Year-over-year analysis

ABO SERVICE AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-06-30; registry 2017-08-23; journal 2017 876375

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABO SERVICE AS. Revenue 3.63m NOK → 3.56m NOK (-2.1%). Equity 738.3k NOK → 602.2k NOK.

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

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

At a glance

Revenue

3.63m NOK 3.56m NOK

-2.1%

Equity

738.3k NOK 602.2k NOK

-18.4%

Cash

84.9k NOK 68.1k NOK

-19.7%

Total assets

1.92m NOK 1.79m NOK

-6.5%

↓
Revenue fell

Operating income / revenue moved from 3.63m NOK to 3.56m NOK (-2.1% YoY). Calculated
↓
Equity eroded

Book equity 738.3k NOK → 602.2k NOK (equity ratio 38.5% → 33.6%). Calculated
↓
Cash fell

Bank deposits 84.9k NOK → 68.1k NOK (-19.7% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.31m NOK → 2.42m NOK (63% → 68% of revenue). Calculated