7 FJELL AS: årsregnskap 2016 vs 2015
Shrank 73% on revenue, cash halved-plus
approved 2017-01-30; registry 2017-02-01; journal 2017 204400
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 7 FJELL AS. Revenue 2.06m NOK → 548.2k NOK (-73.4%). Equity 1.03m NOK → 1.08m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 7 FJELL AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.03m NOK → 1.08m NOK (equity ratio 30.0% → 89.2%). Calculated
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↑
Payroll decreased
Salary cost 5.19m NOK → 58.4k NOK (252% → 11% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.06m NOK to 548.2k NOK (-73.4% YoY). Calculated
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↓
Operating result weakened
Operating result +64.5k NOK → +2 016 NOK (op. margin 3.1% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 2.62m NOK → 51.2k NOK (-98.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.62m NOK → 51.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 493.7k NOK → 93.2k NOK (-81.1% YoY). Calculated