A COMPANY AS: årsregnskap 2016 vs 2015
Shrank 61% on revenue, cash halved-plus
approved 2017-06-29; registry 2017-07-25; journal 2017 764368
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A COMPANY AS. Revenue 565.2k NOK → 222.6k NOK (-60.6%). Equity -40.5k NOK → -25.9k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A COMPANY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result 0 NOK → +19.5k NOK (op. margin 0.0% → 8.8%). Calculated
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↑
Equity strengthened
Book equity -40.5k NOK → -25.9k NOK (equity ratio -53.1% → -103.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 565.2k NOK to 222.6k NOK (-60.6% YoY). Calculated
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↓
Cash fell
Bank deposits 34.4k NOK → 14.6k NOK (-57.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 3 295 NOK → 17.8k NOK (1% → 8% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 38.2k NOK → 145.5k NOK (+281.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -103.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation