1-2-3 OPPLÆRING AS: årsregnskap 2016 vs 2015
Grew 21% on revenue, weaker earnings
approved 2017-06-30; registry 2017-07-08; journal 2017 632358
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 1-2-3 OPPLÆRING AS. Revenue 7.38m NOK → 8.92m NOK (+20.8%). Net result +890.3k NOK → +533.5k NOK. Equity 2.68m NOK → 3.71m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 1-2-3 OPPLÆRING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.38m NOK to 8.92m NOK (+20.8% YoY). Calculated
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↑
Equity strengthened
Book equity 2.68m NOK → 3.71m NOK (equity ratio 33.3% → 39.8%). Calculated
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↑
Cash rose
Bank deposits 191.2k NOK → 620.5k NOK (+224.4% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +890.3k NOK → +533.5k NOK (net margin 12.1% → 6.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.53× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.93m NOK → 3.16m NOK (40% → 35% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 316.8k NOK → 431 NOK (-99.9% YoY). Calculated