A L Høyer Askim AS: årsregnskap 2016 vs 2015
Grew 19% on revenue, stronger earnings
approved 2017-04-06; registry 2017-05-03; journal 2017 303734
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A L Høyer Askim AS. Revenue 6.87m NOK → 8.15m NOK (+18.6%). Net result +309.4k NOK → +634.4k NOK. Equity 1.08m NOK → 8.91m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A L Høyer Askim AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.87m NOK to 8.15m NOK (+18.6% YoY). Calculated
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↑
Operating result improved
Operating result +292.8k NOK → +742.2k NOK (op. margin 4.3% → 9.1%). Calculated
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Net result improved
Net result +309.4k NOK → +634.4k NOK (net margin 4.5% → 7.8%). Calculated
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↑
Equity strengthened
Book equity 1.08m NOK → 8.91m NOK (equity ratio 30.9% → 295.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.78m NOK → 1.27m NOK (-28.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.29m NOK → 6.02m NOK (77% → 74% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 116.4k NOK → 84.9k NOK (-27.0% YoY). Calculated