Org.nr 996 170 756 2015 → 2016 Year-over-year analysis

2CASA AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue, stronger earnings

approved 2017-06-19; registry 2017-06-24; journal 2017 518435

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 2CASA AS. Revenue 175.9k NOK → 134 NOK (-99.9%). Net result -300.5k NOK → -36.3k NOK. Equity 424.7k NOK → -580.3k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2CASA AS.

Scorecard

Revenue
175.9k NOK 134 NOK
-99.9%
Operating result
-32.7k NOK -36.3k NOK
-11.2%
Net result
-300.5k NOK -36.3k NOK
+87.9%
Equity
424.7k NOK -580.3k NOK
-236.6%
Cash
1 447 NOK 2 319 NOK
+60.3%
Total assets
125.6k NOK 2.58m NOK
+1952.2%

What improved

  • ↑

    Net result improved

    Net result -300.5k NOK → -36.3k NOK (net margin -170.9% → -27075.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 175.9k NOK to 134 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -32.7k NOK → -36.3k NOK (op. margin -18.6% → -27110.4%). Calculated

  • ↓

    Equity eroded

    Book equity 424.7k NOK → -580.3k NOK (equity ratio 338.2% → -22.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -22.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation