ABRAHAMSEN BYGG OG VEDLIKEHOLD AS: årsregnskap 2016 vs 2015
Shrank 22% on revenue, slipped into loss, cash halved-plus
approved 2017-05-03; registry 2017-05-30; journal 2017 357059
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS. Revenue 2.00m NOK → 1.56m NOK (-22.4%). Net result +127.0k NOK → -2 796 NOK. Equity 268.8k NOK → 216.0k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.97× → 1.22×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.00m NOK to 1.56m NOK (-22.4% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 127.0k NOK profit to a loss of 2 796 NOK. Calculated
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↓
Equity eroded
Book equity 268.8k NOK → 216.0k NOK (equity ratio 38.7% → 54.5%). Calculated
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↓
Cash fell
Bank deposits 296.1k NOK → 96.7k NOK (-67.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 425.6k NOK (0% → 27% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 964.0k NOK → 708.0k NOK (-26.6% YoY). Calculated