247REGNSKAP AS: årsregnskap 2016 vs 2015
Shrank 68% on revenue, cash halved-plus
approved 2017-06-19; registry 2017-06-27; journal 2017 543557
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 247REGNSKAP AS. Revenue 1.82m NOK → 585.2k NOK (-67.8%). Equity 109.1k NOK → -305.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 247REGNSKAP AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 947.2k NOK → 310.5k NOK (52% → 53% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.82m NOK to 585.2k NOK (-67.8% YoY). Calculated
-
↓
Equity eroded
Book equity 109.1k NOK → -305.5k NOK (equity ratio 16.6% → -228.8%). Calculated
-
↓
Cash fell
Bank deposits 25.4k NOK → 824 NOK (-96.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.18× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -228.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 257.8k NOK → 227.9k NOK (-11.6% YoY). Calculated