123KULDE AS: årsregnskap 2016 vs 2015
Grew 753% on revenue, weaker earnings
approved 2017-02-20; registry 2017-06-22; journal 2017 511862
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 123KULDE AS. Revenue 153.1k NOK → 1.31m NOK (+753.3%). Net result +126.3k NOK → +69.6k NOK. Equity 6.15m NOK → 216.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 123KULDE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 153.1k NOK to 1.31m NOK (+753.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +138.3k NOK → +93.8k NOK (op. margin 90.3% → 7.2%). Calculated
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↓
Net result weakened
Net result +126.3k NOK → +69.6k NOK (net margin 82.5% → 5.3%). Calculated
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↓
Equity eroded
Book equity 6.15m NOK → 216.5k NOK (equity ratio 1836.1% → 52.9%). Calculated
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↓
Cash fell
Bank deposits 208.6k NOK → 145.7k NOK (-30.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 436.1k NOK → 601.0k NOK (285% → 46% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 184.4k NOK → 271.2k NOK (+47.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 18.5k NOK → 12.0k NOK. Reported fact