A COSTA SAKS AS: årsregnskap 2016 vs 2015
Grew 8% on revenue
approved 2017-03-14; registry 2017-04-22; journal 2017 288058
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A COSTA SAKS AS. Revenue 2.22m NOK → 2.40m NOK (+8.1%). Equity 59.0k NOK → 28.3k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A COSTA SAKS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.22m NOK to 2.40m NOK (+8.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 5.28m NOK → 1.51m NOK (238% → 63% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 59.0k NOK → 28.3k NOK (equity ratio 16.8% → 8.0%). Calculated
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↓
Cash fell
Bank deposits 244.0k NOK → 182.9k NOK (-25.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 350.9k NOK → 331.2k NOK (-5.6% YoY). Calculated