Org.nr 914 466 946 2015 → 2016 Year-over-year analysis

1 SKRITT FORAN AS: årsregnskap 2016 vs 2015

Shrank 75% on revenue, cash halved-plus

approved 2017-05-09; registry 2017-05-23; journal 2017 340783

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 1 SKRITT FORAN AS. Revenue 559.1k NOK → 140.0k NOK (-75.0%). Equity 8.13m NOK → 49.7k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 1 SKRITT FORAN AS.

At a glance

Revenue

559.1k NOK 140.0k NOK

-75.0%

Operating result

n/m +75.6k NOK

—

Net result

n/m +6 240 NOK

—

Equity

8.13m NOK 49.7k NOK

-99.4%

Cash

310.7k NOK 4 798 NOK

-98.5%

Total assets

351.8k NOK 104.8k NOK

-70.2%

↓
Revenue fell

Operating income / revenue moved from 559.1k NOK to 140.0k NOK (-75.0% YoY). Calculated
↓
Equity eroded

Book equity 8.13m NOK → 49.7k NOK (equity ratio 2310.7% → 47.5%). Calculated
↓
Cash fell

Bank deposits 310.7k NOK → 4 798 NOK (-98.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 361.6k NOK → 11.22m NOK (65% → 8011% of revenue). Calculated

·
Paid-in equity reduced

Paid-in equity fell 27.5k NOK → 24.3k NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 28.5k NOK → 11.3k NOK (-60.4% YoY). Calculated