Org.nr 913 662 814 2015 → 2016 Year-over-year analysis

2 SA1X AS: årsregnskap 2016 vs 2015

Stronger earnings

approved 2017-06-26; registry 2017-07-18; journal 2017 726840

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 2 SA1X AS. Revenue 0 NOK → 207.1k NOK. Net result +9 071 NOK → +20.2k NOK. Equity 71.5k NOK → 91.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2 SA1X AS.

Scorecard

Revenue
0 NOK 207.1k NOK
—
Operating result
-14.7k NOK +166.9k NOK
+1236.0%
Net result
+9 071 NOK +20.2k NOK
+122.4%
Equity
71.5k NOK 91.7k NOK
+28.2%
Cash
14.0k NOK 218.3k NOK
+1455.0%
Total assets
1.33m NOK 2.14m NOK
+61.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 207.1k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -14.7k NOK → +166.9k NOK. Calculated

  • ↑

    Net result improved

    Net result +9 071 NOK → +20.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 71.5k NOK → 91.7k NOK (equity ratio 5.4% → 4.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.0k NOK → 218.3k NOK (+1455.0% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 26.08× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation