Org.nr 915 495 044 2015 → 2016 Year-over-year analysis

ABYSS SHIP MANAGEMENT AS: årsregnskap 2016 vs 2015

Grew 184% on revenue, stronger earnings

approved 2017-06-01; registry 2017-06-19; journal 2017 475927

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABYSS SHIP MANAGEMENT AS. Revenue 3.49m NOK → 9.91m NOK (+184.2%). Net result +270.6k NOK → +746.9k NOK. Equity 300.6k NOK → 391.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABYSS SHIP MANAGEMENT AS.

Scorecard

Revenue
3.49m NOK 9.91m NOK
+184.2%
Operating result
+370.2k NOK +995.1k NOK
+168.8%
Net result
+270.6k NOK +746.9k NOK
+176.0%
Equity
300.6k NOK 391.2k NOK
+30.1%
Cash
224.7k NOK 133.1k NOK
-40.8%
Total assets
990.1k NOK 515.0k NOK
-48.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.49m NOK to 9.91m NOK (+184.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +370.2k NOK → +995.1k NOK (op. margin 10.6% → 10.0%). Calculated

  • ↑

    Net result improved

    Net result +270.6k NOK → +746.9k NOK (net margin 7.8% → 7.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 300.6k NOK → 391.2k NOK (equity ratio 30.4% → 76.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 224.7k NOK → 133.1k NOK (-40.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 991 NOK → 8.57m NOK (0% → 86% of revenue). Calculated