ABRACADABRAMAT AS: årsregnskap 2016 vs 2015
Grew 11% on revenue, returned to profit, cash halved-plus
approved 2017-03-20; registry 2017-04-22; journal 2017 285642
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABRACADABRAMAT AS. Revenue 1.70m NOK → 1.88m NOK (+10.8%). Net result -50.2k NOK → +55.8k NOK. Equity 150.9k NOK → 206.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABRACADABRAMAT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.70m NOK to 1.88m NOK (+10.8% YoY). Calculated
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↑
Operating result improved
Operating result -50.8k NOK → +60.6k NOK (op. margin -3.0% → 3.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 50.2k NOK to a profit of 55.8k NOK. Calculated
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↑
Equity strengthened
Book equity 150.9k NOK → 206.7k NOK (equity ratio 22.6% → 40.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 282.4k NOK → 94.9k NOK (-66.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 571.9k NOK → 671.5k NOK (+17.4% YoY). Calculated