A. HAARSTAD ELEKTRO AS: årsregnskap 2016 vs 2015
Shrank 41% on revenue, returned to profit
approved 2017-05-31; registry 2017-06-22; journal 2017 508955
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A. HAARSTAD ELEKTRO AS. Revenue 57.9k NOK → 33.9k NOK (-41.5%). Net result -11.2k NOK → +5 282 NOK. Equity 46.6k NOK → 51.9k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. HAARSTAD ELEKTRO AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 11.2k NOK to a profit of 5 282 NOK. Calculated
-
↑
Equity strengthened
Book equity 46.6k NOK → 51.9k NOK (equity ratio 76.0% → 73.1%). Calculated
-
↑
Cash rose
Bank deposits 44.3k NOK → 64.5k NOK (+45.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 57.9k NOK to 33.9k NOK (-41.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +11.3k NOK → +5 227 NOK (op. margin 19.5% → 15.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 60.5k NOK → 17.2k NOK (-71.6% YoY). Calculated