Org.nr 953 081 202 2015 → 2016 Year-over-year analysis

A JØRGENSEN AS: årsregnskap 2016 vs 2015

Grew 21% on revenue, stronger earnings

approved 2017-04-04; registry 2017-04-15; journal 2017 271545

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A JØRGENSEN AS. Revenue 385.4k NOK → 466.7k NOK (+21.1%). Net result +5 288 NOK → +19.5k NOK. Equity 823.0k NOK → 842.5k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A JØRGENSEN AS.

Scorecard

Revenue
385.4k NOK 466.7k NOK
+21.1%
Net result
+5 288 NOK +19.5k NOK
+269.7%
Equity
823.0k NOK 842.5k NOK
+2.4%
Cash
18.7k NOK 23.0k NOK
+23.1%
Total assets
981.4k NOK 904.0k NOK
-7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 385.4k NOK to 466.7k NOK (+21.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +5 288 NOK → +19.5k NOK (net margin 1.4% → 4.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 823.0k NOK → 842.5k NOK (equity ratio 83.9% → 93.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 18.7k NOK → 23.0k NOK (+23.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.46× → 1.03×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 327.7k NOK → 387.2k NOK (85% → 83% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 4.16m NOK → 162.9k NOK. Reported fact