Org.nr 993 807 117 2015 → 2016 Year-over-year analysis

1ELEKTRIKER AS: årsregnskap 2016 vs 2015

Shrank 35% on revenue, cash halved-plus

approved 2017-06-30; registry 2017-07-08; journal 2017 630456

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 1ELEKTRIKER AS. Revenue 2.02m NOK → 1.31m NOK (-35.3%). Equity 684.2k NOK → 418.7k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1ELEKTRIKER AS.

At a glance

Revenue

2.02m NOK 1.31m NOK

-35.3%

Net result

n/m +8 NOK

—

Equity

684.2k NOK 418.7k NOK

-38.8%

Cash

756.2k NOK 167.9k NOK

-77.8%

Total assets

1 127 NOK 573.1k NOK

+50749.9%

↑
Payroll decreased

Salary cost 823.4k NOK → 1 NOK (41% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.02m NOK to 1.31m NOK (-35.3% YoY). Calculated
↓
Equity eroded

Book equity 684.2k NOK → 418.7k NOK (equity ratio 60713.1% → 73.1%). Calculated
↓
Cash fell

Bank deposits 756.2k NOK → 167.9k NOK (-77.8% YoY). Calculated

·
COGS fell

COGS / varekostnad 461.8k NOK → 393.0k NOK (-14.9% YoY). Calculated