10COM AS: årsregnskap 2016 vs 2015
Grew 971% on revenue, returned to profit
approved 2018-04-03; registry 2018-04-07; journal 2018 259541
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 10COM AS. Revenue 88.9k NOK → 951.8k NOK (+970.5%). Net result -248.8k NOK → +388.3k NOK. Equity 397.6k NOK → 785.9k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 10COM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 88.9k NOK to 951.8k NOK (+970.5% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 248.8k NOK to a profit of 388.3k NOK. Calculated
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↑
Equity strengthened
Book equity 397.6k NOK → 785.9k NOK (equity ratio 88.8% → 143.2%). Calculated
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↑
Cash rose
Bank deposits 340.9k NOK → 500.5k NOK (+46.8% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 7.87× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 56.8k NOK → 300.0k NOK (+428.2% YoY). Calculated