ABRY & KAVANAGH DESIGN AS: årsregnskap 2016 vs 2015
Grew 13% on revenue
approved 2017-05-30; registry 2017-07-24; journal 2017 761550
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABRY & KAVANAGH DESIGN AS. Revenue 1.69m NOK → 1.90m NOK (+12.7%). Equity 108.6k NOK → 281.7k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABRY & KAVANAGH DESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.69m NOK to 1.90m NOK (+12.7% YoY). Calculated
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↑
Operating result improved
Operating result +18.1k NOK → +174.4k NOK (op. margin 1.1% → 9.2%). Calculated
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↑
Equity strengthened
Book equity 108.6k NOK → 281.7k NOK (equity ratio 24.9% → 45.5%). Calculated
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↑
Cash rose
Bank deposits 122.9k NOK → 222.3k NOK (+81.0% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.33× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 14.3k NOK → 31.2k NOK (+117.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3 673 NOK → 5 324 NOK. Reported fact