1 2 3 LØFT AS: årsregnskap 2016 vs 2015
Shrank 23% on revenue, returned to profit, cash halved-plus
approved 2017-03-07; registry 2017-03-13; journal 2017 226712
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 1 2 3 LØFT AS. Revenue 1.58m NOK → 1.22m NOK (-23.2%). Net result -79.3k NOK → +213.3k NOK. Equity -129.2k NOK → 82.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1 2 3 LØFT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -85.0k NOK → -38.3k NOK (op. margin -5.4% → -3.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 79.3k NOK to a profit of 213.3k NOK. Calculated
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↑
Equity strengthened
Book equity -129.2k NOK → 82.4k NOK (equity ratio -29.7% → 21.1%). Calculated
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↑
Payroll decreased
Salary cost 723.5k NOK → 707.2k NOK (46% → 58% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.58m NOK to 1.22m NOK (-23.2% YoY). Calculated
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↓
Cash fell
Bank deposits 100.7k NOK → 43.5k NOK (-56.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 95.1k NOK → 22.1k NOK (-76.7% YoY). Calculated