ABYSS AKVASERVICE AS: årsregnskap 2016 vs 2015
Grew 17% on revenue
approved 2017-05-03; registry 2017-07-10; journal 2017 642278
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABYSS AKVASERVICE AS. Revenue 12.16bn NOK → 14.21bn NOK (+16.8%). Equity 55.55m NOK → 77.51m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABYSS AKVASERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.16bn NOK to 14.21bn NOK (+16.8% YoY). Calculated
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↑
Operating result improved
Operating result +24.85m NOK → +34.29m NOK (op. margin 0.2% → 0.2%). Calculated
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↑
Equity strengthened
Book equity 55.55m NOK → 77.51m NOK (equity ratio 23.1% → 24.3%). Calculated
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↑
Cash rose
Bank deposits 2.54m NOK → 5.29m NOK (+108.7% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 411.1k NOK → 1 189 NOK (-99.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 57.56m NOK → 3 NOK. Reported fact