ABYSS AS: årsregnskap 2016 vs 2015
Grew 13% on revenue, stronger earnings
approved 2017-06-01; registry 2017-06-19; journal 2017 475907
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABYSS AS. Revenue 105.85m NOK → 119.54m NOK (+12.9%). Net result +5.34m NOK → +7.39m NOK. Equity 8.97m NOK → 10.24m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABYSS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 105.85m NOK to 119.54m NOK (+12.9% YoY). Calculated
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↑
Net result improved
Net result +5.34m NOK → +7.39m NOK (net margin 5.0% → 6.2%). Calculated
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↑
Equity strengthened
Book equity 8.97m NOK → 10.24m NOK (equity ratio 29.2% → 20.0%). Calculated
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↑
Cash rose
Bank deposits 1.66m NOK → 3.31m NOK (+99.8% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 28.60m NOK → 32.09m NOK (+12.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 287 NOK → 9.98m NOK. Reported fact