ABZINT FRISØR AS: årsregnskap 2016 vs 2015
Shrank 31% on revenue, weaker earnings, cash halved-plus
approved 2017-05-31; registry 2017-07-29; journal 2017 774358
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABZINT FRISØR AS. Revenue 1.11m NOK → 759.6k NOK (-31.3%). Net result -54.3k NOK → -174.8k NOK. Equity -16.6k NOK → -191.3k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ABZINT FRISØR AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +77.7k NOK → +189.8k NOK (op. margin 7.0% → 25.0%). Calculated
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Payroll decreased
Salary cost 818.7k NOK → 566.5k NOK (74% → 75% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.11m NOK to 759.6k NOK (-31.3% YoY). Calculated
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↓
Net result weakened
Net result -54.3k NOK → -174.8k NOK (net margin -4.9% → -23.0%). Calculated
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↓
Equity eroded
Book equity -16.6k NOK → -191.3k NOK (equity ratio -3.9% → -48.4%). Calculated
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↓
Cash fell
Bank deposits 64.7k NOK → 27.1k NOK (-58.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -48.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 300.0k NOK → -191.3k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 87.3k NOK → 40.2k NOK (-53.9% YoY). Calculated