12MR FRAMNÆS AS: årsregnskap 2016 vs 2015
Grew 85% on revenue, weaker earnings, fresh owner capital
approved 2017-06-14; registry 2017-06-26; journal 2017 532943
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 12MR FRAMNÆS AS. Revenue 231.3k NOK → 428.4k NOK (+85.2%). Net result -1 300 NOK → -1.07m NOK. Equity -19.40m NOK → -20.47m NOK.
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 12MR FRAMNÆS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 231.3k NOK to 428.4k NOK (+85.2% YoY). Calculated
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Operating result improved
Operating result -1.31m NOK → -338.8k NOK (op. margin -565.7% → -79.1%). Calculated
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Owners injected capital
Paid-in equity rose 352.4k NOK → 2.35m NOK (+2.00m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -1 300 NOK → -1.07m NOK (net margin -0.6% → -250.5%). Calculated
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↓
Equity eroded
Book equity -19.40m NOK → -20.47m NOK (equity ratio -177.5% → -261.3%). Calculated
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↓
Cash fell
Bank deposits 247.7k NOK → 145.3k NOK (-41.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -261.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation