24/7 LOGISTIKK AS: årsregnskap 2016 vs 2015
Grew 916% on revenue, weaker earnings, cash halved-plus
approved 2017-05-28; registry 2017-06-20; journal 2017 486530
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 24/7 LOGISTIKK AS. Revenue 351.2k NOK → 3.57m NOK (+916.4%). Net result +58.5k NOK → +7 NOK. Equity 197.0k NOK → 159.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 24/7 LOGISTIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 351.2k NOK to 3.57m NOK (+916.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +80.2k NOK → -24.0k NOK (op. margin 22.8% → -0.7%). Calculated
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↓
Net result weakened
Net result +58.5k NOK → +7 NOK (net margin 16.7% → 0.0%). Calculated
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↓
Equity eroded
Book equity 197.0k NOK → 159.0k NOK (equity ratio 36.7% → 47.9%). Calculated
-
↓
Cash fell
Bank deposits 142.8k NOK → 9 555 NOK (-93.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.18m NOK → 3.25m NOK (906% → 91% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 974.0k NOK → 3.22m NOK (+231.0% YoY). Calculated