70 NORDVEKST AS: årsregnskap 2016 vs 2015
Shrank 54% on revenue
approved 2017-05-31; registry 2017-06-20; journal 2017 487540
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 70 NORDVEKST AS. Revenue 9.50m NOK → 4.37m NOK (-54.0%). Equity 253.7k NOK → 322.1k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
9.50m NOK
4.37m NOK
-54.0%
Equity
253.7k NOK
322.1k NOK
+27.0%
Cash
191.4k NOK
210.1k NOK
+9.8%
Total assets
9.69m NOK
9.22m NOK
-4.8%
What improved
-
↑
Equity strengthened
Book equity 253.7k NOK → 322.1k NOK (equity ratio 2.6% → 3.5%). Calculated
-
↑
Cash rose
Bank deposits 191.4k NOK → 210.1k NOK (+9.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.50m NOK to 4.37m NOK (-54.0% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 1.22m NOK → 1.63m NOK (+33.8% YoY). Calculated