247 ENERGY AS: årsregnskap 2016 vs 2015
Grew 134% on revenue, stronger earnings
approved 2017-05-31; registry 2017-07-03; journal 2017 585551
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 247 ENERGY AS. Revenue 976.1k NOK → 2.29m NOK (+134.1%). Net result -1.29m NOK → -375.9k NOK. Equity -4.35m NOK → -4.72m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 247 ENERGY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 976.1k NOK to 2.29m NOK (+134.1% YoY). Calculated
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Net result improved
Net result -1.29m NOK → -375.9k NOK (net margin -132.1% → -16.4%). Calculated
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Cash rose
Bank deposits 98.6k NOK → 215.2k NOK (+118.4% YoY). Calculated
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Payroll decreased
Salary cost 849.1k NOK → 804.7k NOK (87% → 35% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -4.35m NOK → -4.72m NOK (equity ratio -1539.8% → -1040.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 62.2k NOK → 2 942 NOK (-95.3% YoY). Calculated