FirmaIQ
Org.nr 912 897 850 2015 → 2016 Year-over-year analysis

A HØIBO AS: årsregnskap 2016 vs 2015

Shrank 19% on revenue, stronger earnings

approved 2017-04-21; registry 2017-05-18; journal 2017 326557

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A HØIBO AS. Revenue 33.54m NOK → 27.30m NOK (-18.6%). Net result +265.3k NOK → +1.27m NOK. Equity 16.75m NOK → 18.02m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
33.54m NOK 27.30m NOK
-18.6%
Operating result
n/m +1.48m NOK
—
Net result
+265.3k NOK +1.27m NOK
+378.8%
Equity
16.75m NOK 18.02m NOK
+7.6%
Cash
10.74m NOK 12.59m NOK
+17.2%
Total assets
19.81m NOK 19.99m NOK
+0.9%

What improved

  • ↑

    Net result improved

    Net result +265.3k NOK → +1.27m NOK (net margin 0.8% → 4.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.75m NOK → 18.02m NOK (equity ratio 84.6% → 90.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.74m NOK → 12.59m NOK (+17.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.54m NOK to 27.30m NOK (-18.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.98m NOK → 3.99m NOK (12% → 15% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 22.94m NOK → 17.96m NOK (-21.7% YoY). Calculated