2H ELEKTRO AS: årsregnskap 2016 vs 2015
Grew 508% on revenue
approved 2017-05-21; registry 2017-05-31; journal 2017 377677
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 2H ELEKTRO AS. Revenue 200.6k NOK → 1.22m NOK (+507.6%). Net result +4 681 NOK → +9 140 NOK. Equity 163.2k NOK → 172.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2H ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 200.6k NOK to 1.22m NOK (+507.6% YoY). Calculated
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Operating result improved
Operating result +4 318 NOK → +12.1k NOK (op. margin 2.2% → 1.0%). Calculated
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Net result improved
Net result +4 681 NOK → +9 140 NOK (net margin 2.3% → 0.7%). Calculated
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↑
Equity strengthened
Book equity 163.2k NOK → 172.3k NOK (equity ratio 44.5% → 52.9%). Calculated
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Payroll decreased
Salary cost 445.4k NOK → 1 NOK (222% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 245.6k NOK → 233.2k NOK (-5.1% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 70.0k NOK → 42.0k NOK. Reported fact