ADVANCE BUSINESS PARTNER AS: årsregnskap 2016 vs 2015
Shrank 17% on revenue, cash halved-plus
approved 2017-04-26; registry 2017-06-21; journal 2017 499980
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVANCE BUSINESS PARTNER AS. Revenue 12.80m NOK → 10.63m NOK (-17.0%). Net result +25.6k NOK → +23.3k NOK. Equity 177.4k NOK → 200.7k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 177.4k NOK → 200.7k NOK (equity ratio 7.9% → 16.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.26× → 1.22×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 12.80m NOK to 10.63m NOK (-17.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +31.3k NOK → +29.6k NOK (op. margin 0.2% → 0.3%). Calculated
-
↓
Net result weakened
Net result +25.6k NOK → +23.3k NOK (net margin 0.2% → 0.2%). Calculated
-
↓
Cash fell
Bank deposits 531.8k NOK → 131.7k NOK (-75.2% YoY). Calculated