8M CONSULTING AS: årsregnskap 2016 vs 2015
Shrank 13% on revenue, slipped into loss
approved 2016-12-31; registry 2017-02-18; journal 2017 209056
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 8M CONSULTING AS. Revenue 1.63m NOK → 1.41m NOK (-13.2%). Net result +67 NOK → -9 076 NOK. Equity 106.5k NOK → 97.5k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 481.7k NOK → 630.2k NOK (+30.8% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.41m NOK → 1.29m NOK (87% → 91% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.63m NOK to 1.41m NOK (-13.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -415 NOK → -9 114 NOK (op. margin -0.0% → -0.6%). Calculated
-
↓
Fell into a net loss
Net result flipped from 67 NOK profit to a loss of 9 076 NOK. Calculated
-
↓
Equity eroded
Book equity 106.5k NOK → 97.5k NOK (equity ratio 17.4% → 12.2%). Calculated