A. EVENSEN EIENDOM AS: årsregnskap 2016 vs 2015
Grew 23% on revenue, stronger earnings, cash halved-plus
approved 2017-10-19; registry 2017-10-31; journal 2017 893344
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A. EVENSEN EIENDOM AS. Revenue 5.22m NOK → 6.40m NOK (+22.7%). Net result +297.5k NOK → +525.9k NOK. Equity 2.83m NOK → 2.27m NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. EVENSEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.22m NOK to 6.40m NOK (+22.7% YoY). Calculated
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↑
Net result improved
Net result +297.5k NOK → +525.9k NOK (net margin 5.7% → 8.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.77× → 1.52×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.83m NOK → 2.27m NOK (equity ratio 28.4% → 21.8%). Calculated
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↓
Cash fell
Bank deposits 426.9k NOK → 128.6k NOK (-69.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3.54m NOK → 4.39m NOK (+24.0% YoY). Calculated