Org.nr 990 981 760 2015 → 2016 Year-over-year analysis

ABS SHOOTING AS: årsregnskap 2016 vs 2015

Shrank 10% on revenue, cash halved-plus

approved 2017-07-06; registry 2017-07-13; journal 2017 674897

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABS SHOOTING AS. Revenue 8.27m NOK → 7.42m NOK (-10.3%). Equity 41.6k NOK → 1.22m NOK.

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

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

At a glance

Revenue

8.27m NOK 7.42m NOK

-10.3%

Operating result

+502.8k NOK +328.4k NOK

-34.7%

Net result

+343.86bn NOK n/m

—

Equity

41.6k NOK 1.22m NOK

+2829.7%

Cash

970.9k NOK 253.5k NOK

-73.9%

Total assets

2.40m NOK 1.89m NOK

-21.4%

↑
Equity strengthened

Book equity 41.6k NOK → 1.22m NOK (equity ratio 1.7% → 64.5%). Calculated

↓
Revenue fell

Operating income / revenue moved from 8.27m NOK to 7.42m NOK (-10.3% YoY). Calculated
↓
Operating result weakened

Operating result +502.8k NOK → +328.4k NOK (op. margin 6.1% → 4.4%). Calculated
↓
Cash fell

Bank deposits 970.9k NOK → 253.5k NOK (-73.9% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 439.0k NOK → 496.2k NOK (5% → 7% of revenue). Calculated