1000 MILE NORGE AS: årsregnskap 2016 vs 2015
Slipped into loss
approved 2017-06-30; registry 2017-07-24; journal 2017 758904
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 1000 MILE NORGE AS. Revenue 108.8k NOK → 111.9k NOK (+2.9%). Net result +523.6k NOK → -34.5k NOK. Equity 5.51m NOK → 471.2k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 108.8k NOK to 111.9k NOK (+2.9% YoY). Calculated
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↑
Operating result improved
Operating result -84.8k NOK → -34.6k NOK (op. margin -78.0% → -30.9%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 523.6k NOK profit to a loss of 34.5k NOK. Calculated
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↓
Equity eroded
Book equity 5.51m NOK → 471.2k NOK (equity ratio 828.6% → 41.0%). Calculated
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↓
Cash fell
Bank deposits 29.3k NOK → 22.7k NOK (-22.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.18× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 101.1k NOK → 51.8k NOK (-48.8% YoY). Calculated