FirmaIQ
Org.nr 989 376 977 2015 → 2016 Year-over-year analysis

A. KVAM AS: årsregnskap 2016 vs 2015

Shrank 99% on revenue, weaker earnings

approved 2017-06-29; registry 2017-07-10; journal 2017 637798

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A. KVAM AS. Revenue 19.83m NOK → 120.7k NOK (-99.4%). Net result +2.00m NOK → +33.7k NOK. Equity 6.50m NOK → 6.53m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
19.83m NOK 120.7k NOK
-99.4%
Net result
+2.00m NOK +33.7k NOK
-98.3%
Equity
6.50m NOK 6.53m NOK
+0.5%
Cash
3.93m NOK 3.36m NOK
-14.5%
Total assets
10.04m NOK 9.83m NOK
-2.1%

What improved

  • ↑

    Equity strengthened

    Book equity 6.50m NOK → 6.53m NOK (equity ratio 64.7% → 66.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.91m NOK → 4.60m NOK (25% → 3815% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.83m NOK to 120.7k NOK (-99.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2.00m NOK → +33.7k NOK (net margin 10.1% → 28.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.93m NOK → 3.36m NOK (-14.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.93m NOK → 4.13m NOK (-53.8% YoY). Calculated