Org.nr 981 528 778 2015 → 2016 Year-over-year analysis

ABSOLUTESKILLS AS: årsregnskap 2016 vs 2015

Grew 22% on revenue

approved 2017-06-27; registry 2017-07-01; journal 2017 573039

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABSOLUTESKILLS AS. Revenue 2.45m NOK → 2.99m NOK (+22.3%). Equity 2.97m NOK → 2.30m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABSOLUTESKILLS AS.

At a glance

Revenue

2.45m NOK 2.99m NOK

+22.3%

Equity

2.97m NOK 2.30m NOK

-22.5%

Cash

2.67m NOK 1.60m NOK

-40.0%

Total assets

3.70m NOK 3.62m NOK

-2.2%

↑
Revenue rose

Operating income / revenue moved from 2.45m NOK to 2.99m NOK (+22.3% YoY). Calculated

↓
Equity eroded

Book equity 2.97m NOK → 2.30m NOK (equity ratio 80.2% → 63.6%). Calculated
↓
Cash fell

Bank deposits 2.67m NOK → 1.60m NOK (-40.0% YoY). Calculated

·
Payroll increased

Salary cost 881.4k NOK → 1.31m NOK (36% → 44% of revenue). Calculated
·
Book investments changed

Investment / intangible book value -18 NOK → 446.4k NOK. Reported fact