FirmaIQ
Org.nr 994 985 108 2015 → 2016 Year-over-year analysis

ABS AS: årsregnskap 2016 vs 2015

Shrank 16% on revenue

approved 2017-06-15; registry 2017-07-19; journal 2017 726706

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABS AS. Revenue 40.94m NOK → 34.34m NOK (-16.1%).

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
40.94m NOK 34.34m NOK
-16.1%
Operating result
+3.25m NOK -36.8k NOK
-101.1%
Equity
5.29m NOK n/m
—
Cash
273.8k NOK 470.1k NOK
+71.7%
Total assets
28.01m NOK 23.22m NOK
-17.1%

What improved

  • ↑

    Cash rose

    Bank deposits 273.8k NOK → 470.1k NOK (+71.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 1.20×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 40.94m NOK to 34.34m NOK (-16.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.25m NOK → -36.8k NOK (op. margin 7.9% → -0.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 16.07m NOK → 16.21m NOK (39% → 47% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.62m NOK → 7.99m NOK (-52.0% YoY). Calculated