A.H.SYVERSEN AS: årsregnskap 2016 vs 2015
Shrank 68% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A.H.SYVERSEN AS. Revenue 1.72m NOK → 542.8k NOK (-68.4%). Net result +166.5k NOK → +36.4k NOK. Equity 846.0k NOK → 882.4k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.H.SYVERSEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 846.0k NOK → 882.4k NOK (equity ratio 84.5% → 83.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.72m NOK to 542.8k NOK (-68.4% YoY). Calculated
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↓
Operating result weakened
Operating result +225.9k NOK → +47.0k NOK (op. margin 13.2% → 8.7%). Calculated
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↓
Net result weakened
Net result +166.5k NOK → +36.4k NOK (net margin 9.7% → 6.7%). Calculated
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↓
Cash fell
Bank deposits 457.4k NOK → 330.1k NOK (-27.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 641.8k NOK → 440.7k NOK (-31.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 236.3k NOK → 586.3k NOK. Reported fact