Org.nr 913 362 500 2015 → 2016 Year-over-year analysis

2X4 BYGG AS: årsregnskap 2016 vs 2015

Grew 855% on revenue

approved 2017-06-11; registry 2017-06-26; journal 2017 528687

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 2X4 BYGG AS. Revenue 220.8k NOK → 2.11m NOK (+855.1%). Equity 3.24m NOK → 24.7k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2X4 BYGG AS.

At a glance

Revenue

220.8k NOK 2.11m NOK

+855.1%

Operating result

n/m -212.6k NOK

—

Equity

3.24m NOK 24.7k NOK

-99.2%

Cash

303.2k NOK 370.3k NOK

+22.1%

Total assets

661.2k NOK 227.5k NOK

-65.6%

↑
Revenue rose

Operating income / revenue moved from 220.8k NOK to 2.11m NOK (+855.1% YoY). Calculated
↑
Cash rose

Bank deposits 303.2k NOK → 370.3k NOK (+22.1% YoY). Calculated
↑
Payroll decreased

Salary cost 4.27m NOK → 47.0k NOK (1934% → 2% of revenue). Calculated

↓
Equity eroded

Book equity 3.24m NOK → 24.7k NOK (equity ratio 490.3% → 10.9%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.50× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated