Org.nr 899 327 632 2015 → 2016 Year-over-year analysis

ABRS RØR SÆTRE AS: årsregnskap 2016 vs 2015

Grew 43% on revenue, weaker earnings, fresh owner capital

approved 2017-06-30; registry 2017-07-06; journal 2017 611065

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABRS RØR SÆTRE AS. Revenue 609.5k NOK → 873.2k NOK (+43.3%). Net result -178.9k NOK → -447.7k NOK. Equity -208.9k NOK → -477.7k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRS RØR SÆTRE AS.

Scorecard

Revenue
609.5k NOK 873.2k NOK
+43.3%
Operating result
+137.9k NOK +299.8k NOK
+117.4%
Net result
-178.9k NOK -447.7k NOK
-150.3%
Equity
-208.9k NOK -477.7k NOK
-128.7%
Cash
-718.5k NOK -434.1k NOK
+39.6%
Total assets
-915.0k NOK -726.8k NOK
+20.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 609.5k NOK to 873.2k NOK (+43.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +137.9k NOK → +299.8k NOK (op. margin 22.6% → 34.3%). Calculated

  • ↑

    Cash rose

    Bank deposits -718.5k NOK → -434.1k NOK (+39.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -178.9k NOK → -447.7k NOK (net margin -29.3% → -51.3%). Calculated

  • ↓

    Equity eroded

    Book equity -208.9k NOK → -477.7k NOK (equity ratio 22.8% → 65.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 941.0k NOK → 143.7k NOK (-84.7% YoY). Calculated