Org.nr 912 590 178 2015 → 2016 Year-over-year analysis

2 SOLER AS: årsregnskap 2016 vs 2015

Grew 10% on revenue

approved 2017-04-22; registry 2017-05-29; journal 2017 350582

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 2 SOLER AS. Revenue 708.1k NOK → 782.3k NOK (+10.5%). Equity 36.3k NOK → 83.3k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 2 SOLER AS.

Scorecard

Revenue
708.1k NOK 782.3k NOK
+10.5%
Operating result
+51.5k NOK +98.5k NOK
+91.3%
Equity
36.3k NOK 83.3k NOK
+129.6%
Cash
0 NOK 3 227 NOK
—
Total assets
307.6k NOK 410.2k NOK
+33.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 708.1k NOK to 782.3k NOK (+10.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +51.5k NOK → +98.5k NOK (op. margin 7.3% → 12.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 36.3k NOK → 83.3k NOK (equity ratio 11.8% → 20.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 0 NOK → 3 227 NOK (None YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.25×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 95.6k NOK (0% → 12% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 513.7k NOK → 261.7k NOK (-49.1% YoY). Calculated