2INSTINCTS AS: årsregnskap 2016 vs 2015
Grew 10% on revenue, stronger earnings
approved 2017-06-19; registry 2017-07-03; journal 2017 587999
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 2INSTINCTS AS. Revenue 2.75m NOK → 3.02m NOK (+9.9%). Net result +57.4k NOK → +98.4k NOK. Equity 713.3k NOK → 811.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2INSTINCTS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.75m NOK to 3.02m NOK (+9.9% YoY). Calculated
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Operating result improved
Operating result +42.5k NOK → +144.2k NOK (op. margin 1.5% → 4.8%). Calculated
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Net result improved
Net result +57.4k NOK → +98.4k NOK (net margin 2.1% → 3.3%). Calculated
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Equity strengthened
Book equity 713.3k NOK → 811.7k NOK (equity ratio 23.6% → 29.9%). Calculated
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Payroll decreased
Salary cost 311.4k NOK → 277.7k NOK (11% → 9% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 547.3k NOK → 307.0k NOK (-43.9% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 2.14m NOK → 2.26m NOK (+5.6% YoY). Calculated