Org.nr 998 605 415 2015 → 2016 Year-over-year analysis

ABSTREKER AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-05-10; registry 2017-05-23; journal 2017 341747

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABSTREKER AS. Revenue 0 NOK → 95.0k NOK. Equity -303.2k NOK → -565.0k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABSTREKER AS.

Scorecard

Revenue
0 NOK 95.0k NOK
—
Net result
+155.3k NOK n/m
—
Equity
-303.2k NOK -565.0k NOK
-86.3%
Cash
47.6k NOK 29.4k NOK
-38.2%
Total assets
68.7k NOK 41.9k NOK
-39.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 95.0k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -303.2k NOK → -565.0k NOK (equity ratio -441.2% → -1347.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 47.6k NOK → 29.4k NOK (-38.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1347.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 85.8k NOK → 294.5k NOK (+243.2% YoY). Calculated