Org.nr 984 204 442 2015 → 2016 Year-over-year analysis

ABSYN HOLDING AS: årsregnskap 2016 vs 2015

Grew 575% on revenue

approved 2017-06-06; registry 2017-06-14; journal 2017 450809

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABSYN HOLDING AS. Revenue 333.1k NOK → 2.25m NOK (+575.2%). Net result +806.2k NOK → +758.8k NOK. Equity 3.22m NOK → 3.98m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABSYN HOLDING AS.

Scorecard

Revenue
333.1k NOK 2.25m NOK
+575.2%
Operating result
+771.1k NOK +754.1k NOK
-2.2%
Net result
+806.2k NOK +758.8k NOK
-5.9%
Equity
3.22m NOK 3.98m NOK
+23.6%
Cash
148.1k NOK 181.8k NOK
+22.8%
Total assets
3.41m NOK 4.38m NOK
+28.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 333.1k NOK to 2.25m NOK (+575.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.22m NOK → 3.98m NOK (equity ratio 94.4% → 90.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 148.1k NOK → 181.8k NOK (+22.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +771.1k NOK → +754.1k NOK (op. margin 231.5% → 33.5%). Calculated

  • ↓

    Net result weakened

    Net result +806.2k NOK → +758.8k NOK (net margin 242.0% → 33.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 40.3k NOK → 1.03m NOK (+2449.6% YoY). Calculated