ABRA FINANCE AS: årsregnskap 2016 vs 2015
Grew 13% on revenue, returned to profit, cash halved-plus
approved 2017-06-22; registry 2017-06-26; journal 2017 534701
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABRA FINANCE AS. Revenue 572.9k NOK → 646.6k NOK (+12.9%). Net result -127.0k NOK → +3 877 NOK. Equity -402.0k NOK → 57.1k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABRA FINANCE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 572.9k NOK to 646.6k NOK (+12.9% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 127.0k NOK to a profit of 3 877 NOK. Calculated
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Equity strengthened
Book equity -402.0k NOK → 57.1k NOK (equity ratio -135.6% → 18.3%). Calculated
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Payroll decreased
Salary cost 399.8k NOK → 367.3k NOK (70% → 57% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +117.2k NOK → -40.0k NOK (op. margin 20.5% → -6.2%). Calculated
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↓
Cash fell
Bank deposits 156.7k NOK → 36.0k NOK (-77.0% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 586.9k NOK → 86.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 83.5k NOK → 209.5k NOK. Reported fact