FirmaIQ
Org.nr 997 549 546 2015 → 2016 Year-over-year analysis

10XNORTH AS: årsregnskap 2016 vs 2015

Grew 11% on revenue

approved 2017-02-17; registry 2017-03-10; journal 2017 225088

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 10XNORTH AS. Revenue 3.95m NOK → 4.37m NOK (+10.7%). Equity 100.4k NOK → 100.0k NOK.

On the constructive side: revenue rose; cash rose.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 10XNORTH AS.

At a glance

Scorecard

Revenue
3.95m NOK 4.37m NOK
+10.7%
Equity
100.4k NOK 100.0k NOK
-0.4%
Cash
1.30m NOK 1.52m NOK
+17.1%
Total assets
2.32m NOK 2.59m NOK
+11.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.95m NOK to 4.37m NOK (+10.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.30m NOK → 1.52m NOK (+17.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 723.1k NOK → 898.6k NOK (18% → 21% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.39m NOK → 2.61m NOK (+9.5% YoY). Calculated