FirmaIQ
Org.nr 896 357 522 2015 → 2016 Year-over-year analysis

ABS-MASKIN AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-03-15; registry 2017-03-20; journal 2017 236725

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABS-MASKIN AS. Revenue 44.94m NOK → 43.03m NOK (-4.2%). Equity 12.75m NOK → 10.88m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABS-MASKIN AS.

At a glance

Scorecard

Revenue
44.94m NOK 43.03m NOK
-4.2%
Equity
12.75m NOK 10.88m NOK
-14.7%
Cash
4.36m NOK 19.04m NOK
+337.1%
Total assets
34.09m NOK 45.98m NOK
+34.9%

What improved

  • ↑

    Cash rose

    Bank deposits 4.36m NOK → 19.04m NOK (+337.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 44.94m NOK to 43.03m NOK (-4.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 12.75m NOK → 10.88m NOK (equity ratio 37.4% → 23.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.30× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 12.28m NOK → 10.88m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 33.63m NOK → 32.21m NOK (-4.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.45m NOK → 2.29m NOK. Reported fact