FirmaIQ
Org.nr 913 685 733 2015 → 2016 Year-over-year analysis

A-CON AS: årsregnskap 2016 vs 2015

Grew 60% on revenue, stronger earnings

approved 2017-04-07; registry 2017-04-18; journal 2017 278675

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A-CON AS. Revenue 2.36m NOK → 3.78m NOK (+60.0%). Net result +584.9k NOK → +729.6k NOK. Equity 954.4k NOK → 683.9k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-CON AS.

At a glance

Scorecard

Revenue
2.36m NOK 3.78m NOK
+60.0%
Net result
+584.9k NOK +729.6k NOK
+24.7%
Equity
954.4k NOK 683.9k NOK
-28.3%
Cash
386.6k NOK 543.6k NOK
+40.6%
Total assets
2.06m NOK 2.66m NOK
+29.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.36m NOK to 3.78m NOK (+60.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +584.9k NOK → +729.6k NOK (net margin 24.8% → 19.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 386.6k NOK → 543.6k NOK (+40.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.11× → 2.49×. Calculated

  • ↑

    Payroll decreased

    Salary cost 10.84m NOK → 10 NOK (459% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 954.4k NOK → 683.9k NOK (equity ratio 46.4% → 25.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 134.4k NOK → 118.4k NOK (-11.9% YoY). Calculated