2020PARK AS: årsregnskap 2016 vs 2015
Grew 19% on revenue, cash halved-plus, fresh owner capital
approved 2017-03-14; registry 2017-06-14; journal 2017 447293
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 2020PARK AS. Revenue 31.51m NOK → 37.44m NOK (+18.8%). Equity 31.14m NOK → 38.55m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for 2020PARK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 31.51m NOK to 37.44m NOK (+18.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 31.14m NOK → 38.55m NOK (equity ratio 5.3% → 6.3%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 120.0k NOK → 14.45m NOK (+14.33m NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 10.67m NOK → 3.39m NOK (-68.2% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (10.67m NOK → 3.39m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Payroll increased
Salary cost 2.24m NOK → 2.31m NOK (7% → 6% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 4.88m NOK → 8.12m NOK (+66.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 352.30m NOK → 377.27m NOK. Reported fact