Org.nr 998 019 729 2015 → 2016 Year-over-year analysis

ABS FREDRIKSTAD AS: årsregnskap 2016 vs 2015

Grew 169% on revenue, cash halved-plus

approved 2017-04-25; registry 2017-05-02; journal 2017 302393

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABS FREDRIKSTAD AS. Revenue 449.2k NOK → 1.21m NOK (+168.6%). Equity 265.7k NOK → 11.23m NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABS FREDRIKSTAD AS.

Scorecard

Revenue
449.2k NOK 1.21m NOK
+168.6%
Operating result
+247.7k NOK -32.4k NOK
-113.1%
Equity
265.7k NOK 11.23m NOK
+4125.9%
Cash
608.4k NOK 107.9k NOK
-82.3%
Total assets
666.2k NOK 361.8k NOK
-45.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 449.2k NOK to 1.21m NOK (+168.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 265.7k NOK → 11.23m NOK (equity ratio 39.9% → 3104.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.02m NOK → 1 NOK (449% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +247.7k NOK → -32.4k NOK (op. margin 55.1% → -2.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 608.4k NOK → 107.9k NOK (-82.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 24.1k NOK → 16.2k NOK (-33.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4.5 → 1. Reported fact