8 IN VEST AS: årsregnskap 2016 vs 2015
Shrank 14% on revenue, weaker earnings
approved 2017-05-25; registry 2017-06-24; journal 2017 525421
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 8 IN VEST AS. Revenue 1.30m NOK → 1.12m NOK (-13.9%). Net result +177.9k NOK → +68.9k NOK. Equity 724.4k NOK → 793.2k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 8 IN VEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 724.4k NOK → 793.2k NOK (equity ratio 45.1% → 55.7%). Calculated
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↑
Payroll decreased
Salary cost 804.2k NOK → 2 016 NOK (62% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.30m NOK to 1.12m NOK (-13.9% YoY). Calculated
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↓
Operating result weakened
Operating result +227.8k NOK → +85.9k NOK (op. margin 17.5% → 7.7%). Calculated
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↓
Net result weakened
Net result +177.9k NOK → +68.9k NOK (net margin 13.7% → 6.2%). Calculated
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↓
Cash fell
Bank deposits 1.41m NOK → 969.0k NOK (-31.1% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 49.5k NOK → 5.32m NOK. Reported fact