Org.nr 840 606 112 2015 → 2016 Year-over-year analysis

ABS ASSURANSEAGENTURER AS: årsregnskap 2016 vs 2015

Shrank 19% on revenue

approved 2017-06-30; registry 2017-08-10; journal 2017 867546

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABS ASSURANSEAGENTURER AS. Revenue 220.0k NOK → 178.2k NOK (-19.0%). Equity 252.5k NOK → 238.5k NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABS ASSURANSEAGENTURER AS.

Scorecard

Revenue
220.0k NOK 178.2k NOK
-19.0%
Operating result
+65.9k NOK +21.5k NOK
-67.3%
Equity
252.5k NOK 238.5k NOK
-5.5%
Cash
45.5k NOK 83.8k NOK
+84.2%
Total assets
1.97m NOK 2.01m NOK
+1.9%

What improved

  • ↑

    Cash rose

    Bank deposits 45.5k NOK → 83.8k NOK (+84.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 220.0k NOK to 178.2k NOK (-19.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +65.9k NOK → +21.5k NOK (op. margin 30.0% → 12.1%). Calculated

  • ↓

    Equity eroded

    Book equity 252.5k NOK → 238.5k NOK (equity ratio 12.8% → 11.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 252.5k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation