A&B TRAFIKKSKOLE AS: årsregnskap 2016 vs 2015
Grew 43% on revenue, cash halved-plus
approved 2017-06-19; registry 2017-06-24; journal 2017 522435
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A&B TRAFIKKSKOLE AS. Revenue 37.7k NOK → 53.8k NOK (+42.6%). Equity 120 NOK → -40.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&B TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 37.7k NOK to 53.8k NOK (+42.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -29.9k NOK → -41.0k NOK (op. margin -79.3% → -76.2%). Calculated
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↓
Equity eroded
Book equity 120 NOK → -40.9k NOK (equity ratio 0.1% → -366.0%). Calculated
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↓
Cash fell
Bank deposits 33.0k NOK → 11 NOK (-100.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -366.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation