Org.nr 996 004 678 2015 → 2016 Year-over-year analysis

A-GAVE AS: årsregnskap 2016 vs 2015

Shrank 23% on revenue

approved 2017-01-30; registry 2017-02-11; journal 2017 206617

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A-GAVE AS. Revenue 6.34m NOK → 4.88m NOK (-23.1%). Equity 6.73m NOK → 230.4k NOK.

On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

6.34m NOK 4.88m NOK

-23.1%

Operating result

-530.1k NOK -499.9k NOK

+5.7%

Equity

6.73m NOK 230.4k NOK

-96.6%

Cash

356.6k NOK 439.4k NOK

+23.2%

Total assets

1.52m NOK 991.2k NOK

-34.7%

↑
Operating result improved

Operating result -530.1k NOK → -499.9k NOK (op. margin -8.4% → -10.2%). Calculated
↑
Cash rose

Bank deposits 356.6k NOK → 439.4k NOK (+23.2% YoY). Calculated
↑
Payroll decreased

Salary cost 1.72m NOK → 1.53m NOK (27% → 31% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.34m NOK to 4.88m NOK (-23.1% YoY). Calculated
↓
Equity eroded

Book equity 6.73m NOK → 230.4k NOK (equity ratio 443.9% → 23.2%). Calculated