A&H EIENDOMSUTVIKLING AS: årsregnskap 2016 vs 2015
Shrank 35% on revenue, stronger earnings
approved 2017-05-29; registry 2017-06-15; journal 2017 455155
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A&H EIENDOMSUTVIKLING AS. Revenue 667.3k NOK → 434.2k NOK (-34.9%). Net result +66.6k NOK → +283.3k NOK. Equity 4.02m NOK → 4.25m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A&H EIENDOMSUTVIKLING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +264.0k NOK → +629.5k NOK (op. margin 39.6% → 145.0%). Calculated
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Net result improved
Net result +66.6k NOK → +283.3k NOK (net margin 10.0% → 65.3%). Calculated
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Equity strengthened
Book equity 4.02m NOK → 4.25m NOK (equity ratio 24.8% → 25.2%). Calculated
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Cash rose
Bank deposits 301.4k NOK → 796.2k NOK (+164.2% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 667.3k NOK to 434.2k NOK (-34.9% YoY). Calculated
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Payroll up without matching revenue
Salary cost 28.3k NOK → 43.4k NOK (4% → 10% of revenue). Calculated
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COGS moved
COGS / varekostnad 21.6k NOK → 47.5k NOK (+119.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 164.5k NOK → 15.0k NOK. Reported fact