99X INCREO AS: årsregnskap 2016 vs 2015
Weaker earnings
approved 2017-05-03; registry 2017-05-31; journal 2017 363866
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 99X INCREO AS. Revenue 13.27m NOK → 13.81m NOK (+4.0%). Net result +1.28m NOK → +732.8k NOK. Equity 2.49m NOK → 2.10m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 99X INCREO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 13.27m NOK to 13.81m NOK (+4.0% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +1.28m NOK → +732.8k NOK (net margin 9.7% → 5.3%). Calculated
-
↓
Equity eroded
Book equity 2.49m NOK → 2.10m NOK (equity ratio 30.6% → 21.1%). Calculated
-
↓
Cash fell
Bank deposits 6.10m NOK → 5.57m NOK (-8.7% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 7.56m NOK → 8.52m NOK (57% → 62% of revenue). Calculated