A JONASSEN AS: årsregnskap 2016 vs 2015
Shrank 55% on revenue, stronger earnings
approved 2017-05-05; registry 2017-05-22; journal 2017 335361
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A JONASSEN AS. Revenue 7.22m NOK → 3.26m NOK (-54.8%). Net result +273.2k NOK → +639.4k NOK. Equity 595.4k NOK → 234.9k NOK.
On the constructive side: net result improved; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A JONASSEN AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +273.2k NOK → +639.4k NOK (net margin 3.8% → 19.6%). Calculated
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Current ratio back above 1×
Current ratio 0.39× → 2.94×. Calculated
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Payroll decreased
Salary cost 2.40m NOK → 1.37m NOK (33% → 42% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.22m NOK to 3.26m NOK (-54.8% YoY). Calculated
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↓
Equity eroded
Book equity 595.4k NOK → 234.9k NOK (equity ratio 155.2% → 12.7%). Calculated
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↓
Cash fell
Bank deposits 71.3k NOK → 54.5k NOK (-23.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.78m NOK → 1.70m NOK (-54.9% YoY). Calculated