Org.nr 890 224 482 2015 → 2016 Year-over-year analysis

365 FRI AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue, cash halved-plus

approved 2017-06-30; registry 2017-08-02; journal 2017 802602

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 365 FRI AS. Revenue 1.53m NOK → 0 NOK (-100.0%). Equity 10.52m NOK → 11.85m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 365 FRI AS.

At a glance

Revenue

1.53m NOK 0 NOK

-100.0%

Net result

+102.3k NOK n/m

—

Equity

10.52m NOK 11.85m NOK

+12.6%

Cash

1.15m NOK 534.9k NOK

-53.3%

Total assets

11.18m NOK 11.99m NOK

+7.3%

↑
Equity strengthened

Book equity 10.52m NOK → 11.85m NOK (equity ratio 94.1% → 98.8%). Calculated
↑
Payroll decreased

Salary cost 1.48m NOK → 1 478 NOK. Calculated

↓
Revenue fell

Operating income / revenue moved from 1.53m NOK to 0 NOK (-100.0% YoY). Calculated
↓
Cash fell

Bank deposits 1.15m NOK → 534.9k NOK (-53.3% YoY). Calculated

·
Book investments changed

Investment / intangible book value 960 NOK → 2 170 NOK. Reported fact