A'HEAD EXECUTIVE AS: årsregnskap 2016 vs 2015
Grew 23% on revenue, stronger earnings, cash halved-plus
approved 2017-05-16; registry 2017-06-19; journal 2017 472363
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A'HEAD EXECUTIVE AS. Revenue 2.52m NOK → 3.09m NOK (+22.6%). Net result -492.1k NOK → -240.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for A'HEAD EXECUTIVE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.52m NOK to 3.09m NOK (+22.6% YoY). Calculated
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Operating result improved
Operating result -662.1k NOK → -313.0k NOK (op. margin -26.3% → -10.1%). Calculated
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Net result improved
Net result -492.1k NOK → -240.0k NOK (net margin -19.6% → -7.8%). Calculated
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Payroll decreased
Salary cost 1.72m NOK → 90.0k NOK (68% → 3% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.43m NOK → 318.8k NOK (-77.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.43m NOK → 318.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 33.4k NOK — check capital reduction, conversion, or reclassification. Interpretation