1T TØMRER AS: årsregnskap 2016 vs 2015
Grew 37% on revenue, stronger earnings
approved 2017-06-19; registry 2017-06-24; journal 2017 520329
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 1T TØMRER AS. Revenue 1.82m NOK → 2.49m NOK (+36.9%). Net result +62.8k NOK → +181.4k NOK. Equity 73.2k NOK → 254.6k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for 1T TØMRER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.82m NOK to 2.49m NOK (+36.9% YoY). Calculated
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↑
Net result improved
Net result +62.8k NOK → +181.4k NOK (net margin 3.5% → 7.3%). Calculated
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↑
Equity strengthened
Book equity 73.2k NOK → 254.6k NOK (equity ratio 16.1% → 130.2%). Calculated
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↑
Cash rose
Bank deposits 114.5k NOK → 193.0k NOK (+68.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.14× → -9.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 432.5k NOK → 4.54m NOK (24% → 183% of revenue). Calculated
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COGS fell
COGS / varekostnad 937.1k NOK → 471.5k NOK (-49.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 63.8k NOK → 257.1k NOK. Reported fact