A-4 ARKITEKTENE AS: årsregnskap 2016 vs 2015
Shrank 26% on revenue, cash halved-plus
approved 2017-05-30; registry 2017-06-12; journal 2017 428643
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A-4 ARKITEKTENE AS. Revenue 934.4k NOK → 695.2k NOK (-25.6%). Net result -299.6k NOK → -340.7k NOK. Equity 10.28m NOK → 10 NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-4 ARKITEKTENE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 934.4k NOK to 695.2k NOK (-25.6% YoY). Calculated
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Operating result weakened
Operating result -295.9k NOK → -337.4k NOK (op. margin -31.7% → -48.5%). Calculated
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Net result weakened
Net result -299.6k NOK → -340.7k NOK (net margin -32.1% → -49.0%). Calculated
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Equity eroded
Book equity 10.28m NOK → 10 NOK (equity ratio 1506.3% → 0.0%). Calculated
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Cash fell
Bank deposits 510.5k NOK → 183.7k NOK (-64.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation