A ANDERSEN MASKIN AS: årsregnskap 2016 vs 2015
Grew 109% on revenue, cash halved-plus
approved 2017-04-25; registry 2017-05-02; journal 2017 304242
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A ANDERSEN MASKIN AS. Revenue 264.5k NOK → 553.4k NOK (+109.2%). Equity 29.4k NOK → -79.1k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A ANDERSEN MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 264.5k NOK to 553.4k NOK (+109.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 29.4k NOK → -79.1k NOK (equity ratio 12.4% → -92.6%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.33× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -92.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 NOK → 3.26m NOK (0% → 589% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 525 NOK → 90.8k NOK (+5855.6% YoY). Calculated