ABSOLUTE BAR AS: årsregnskap 2016 vs 2015
Grew 269% on revenue
approved 2017-06-30; registry 2017-07-08; journal 2017 626086
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABSOLUTE BAR AS. Revenue 560.8k NOK → 2.07m NOK (+269.3%). Equity -56.1k NOK → 11.35m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABSOLUTE BAR AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 560.8k NOK to 2.07m NOK (+269.3% YoY). Calculated
-
↑
Equity strengthened
Book equity -56.1k NOK → 11.35m NOK (equity ratio -23.2% → 2114.7%). Calculated
-
↑
Cash rose
Bank deposits 60.9k NOK → 201.0k NOK (+229.9% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.81× → 1.76×. Calculated
-
↑
Payroll decreased
Salary cost 327.0k NOK → 2 NOK (58% → 0% of revenue). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 652.5k NOK → 879.6k NOK (+34.8% YoY). Calculated