A.K. DRIFT AS: årsregnskap 2016 vs 2015
Shrank 15% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-07-22; journal 2017 751452
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A.K. DRIFT AS. Revenue 265.8k NOK → 224.7k NOK (-15.4%). Equity -186.8k NOK → -150.9k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.K. DRIFT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -63.3k NOK → +40.3k NOK (op. margin -23.8% → 17.9%). Calculated
-
↑
Equity strengthened
Book equity -186.8k NOK → -150.9k NOK (equity ratio -31.9% → -27.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 265.8k NOK to 224.7k NOK (-15.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 18.3k NOK → 4 515 NOK (-75.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 274.8k NOK → 159.9k NOK (-41.8% YoY). Calculated