FirmaIQ
Org.nr 948 234 130 2015 → 2016 Year-over-year analysis

A.L. HØYER AS: årsregnskap 2016 vs 2015

Shrank 24% on revenue

approved 2017-03-10; registry 2017-03-14; journal 2017 229270

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A.L. HØYER AS. Revenue 26.34m NOK → 19.97m NOK (-24.2%). Net result +667.2k NOK → +590.0k NOK. Equity 2.12m NOK → 3.10m NOK.

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

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

At a glance

Scorecard

Revenue
26.34m NOK 19.97m NOK
-24.2%
Operating result
+931.5k NOK +125.0k NOK
-86.6%
Net result
+667.2k NOK +590.0k NOK
-11.6%
Equity
2.12m NOK 3.10m NOK
+46.4%
Cash
2.27m NOK 3.05m NOK
+34.3%
Total assets
6.77m NOK 6.73m NOK
-0.6%

What improved

  • ↑

    Equity strengthened

    Book equity 2.12m NOK → 3.10m NOK (equity ratio 31.3% → 46.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.27m NOK → 3.05m NOK (+34.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 10.70m NOK → 10.49m NOK (41% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 26.34m NOK to 19.97m NOK (-24.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +931.5k NOK → +125.0k NOK (op. margin 3.5% → 0.6%). Calculated

  • ↓

    Net result weakened

    Net result +667.2k NOK → +590.0k NOK (net margin 2.5% → 3.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.37m NOK → 4.95m NOK (-60.0% YoY). Calculated