ABOVO AS: årsregnskap 2016 vs 2015
Shrank 23% on revenue, cash halved-plus
approved 2017-05-22; registry 2017-06-06; journal 2017 386450
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABOVO AS. Revenue 1.22m NOK → 940.7k NOK (-22.8%). Equity 478.0k NOK → 460.8k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABOVO AS.
At a glance
Scorecard
Revenue
1.22m NOK
940.7k NOK
-22.8%
Operating result
n/m
-76.5k NOK
—
Net result
n/m
-17.1k NOK
—
Equity
478.0k NOK
460.8k NOK
-3.6%
Cash
198.1k NOK
91.7k NOK
-53.7%
Total assets
601.1k NOK
573.8k NOK
-4.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.22m NOK to 940.7k NOK (-22.8% YoY). Calculated
-
↓
Equity eroded
Book equity 478.0k NOK → 460.8k NOK (equity ratio 79.5% → 80.3%). Calculated
-
↓
Cash fell
Bank deposits 198.1k NOK → 91.7k NOK (-53.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 448.4k NOK → 312.0k NOK (-30.4% YoY). Calculated