7 FJELL BRYGGERI AS: årsregnskap 2016 vs 2015
Grew 30% on revenue, weaker earnings, fresh owner capital
approved 2017-02-25; registry 2017-07-17; journal 2017 695956
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 7 FJELL BRYGGERI AS. Revenue 11.43m NOK → 14.82m NOK (+29.7%). Net result +950.1k NOK → +552.7k NOK. Equity 6.10m NOK → 16.80m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 7 FJELL BRYGGERI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.43m NOK to 14.82m NOK (+29.7% YoY). Calculated
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↑
Operating result improved
Operating result +1 200 NOK → +1.17m NOK (op. margin 0.0% → 7.9%). Calculated
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↑
Equity strengthened
Book equity 6.10m NOK → 16.80m NOK (equity ratio 43.2% → 58.4%). Calculated
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↑
Cash rose
Bank deposits 424.1k NOK → 10.63m NOK (+2406.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.16× → 2.34×. Calculated
What deteriorated
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↓
Net result weakened
Net result +950.1k NOK → +552.7k NOK (net margin 8.3% → 3.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.18m NOK → 6.01m NOK (28% → 41% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.39m NOK → 4.36m NOK (+28.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.00m NOK → 9 NOK. Reported fact