ABRY DESIGN AS: årsregnskap 2016 vs 2015
Shrank 66% on revenue, returned to profit
approved 2017-04-20; registry 2017-04-24; journal 2017 291646
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABRY DESIGN AS. Revenue 372.7k NOK → 127.7k NOK (-65.7%). Net result -115.5k NOK → +96.3k NOK. Equity 443.7k NOK → 540 NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABRY DESIGN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -108.2k NOK → +96.6k NOK (op. margin -29.0% → 75.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 115.5k NOK to a profit of 96.3k NOK. Calculated
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↑
Cash rose
Bank deposits 21.4k NOK → 56.4k NOK (+162.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 271.5k NOK → 2 696 NOK (73% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 372.7k NOK to 127.7k NOK (-65.7% YoY). Calculated
-
↓
Equity eroded
Book equity 443.7k NOK → 540 NOK (equity ratio 92.7% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 286.5k NOK → 152.6k NOK. Reported fact