2 ROM OG KJØKKEN AS: årsregnskap 2016 vs 2015
Grew 4695% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-09-09; journal 2017 883776
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 2 ROM OG KJØKKEN AS. Revenue 4 365 NOK → 209.3k NOK (+4695.0%). Equity -716.4k NOK → -849.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 2 ROM OG KJØKKEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4 365 NOK to 209.3k NOK (+4695.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -716.4k NOK → -849.6k NOK (equity ratio -298.9% → -721.2%). Calculated
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↓
Cash fell
Bank deposits 124.3k NOK → 11.3k NOK (-90.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 203.46× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -721.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1.21m NOK → 5.23m NOK (27628% → 2500% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.76m NOK → 67.9k NOK (-96.1% YoY). Calculated