A. LARSEN HUSFLID AS: årsregnskap 2016 vs 2015
Grew 9% on revenue, weaker earnings
approved 2017-06-28; registry 2017-07-01; journal 2017 572365
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A. LARSEN HUSFLID AS. Revenue 4.38m NOK → 4.78m NOK (+9.2%). Net result +218.8k NOK → +12.8k NOK. Equity 546.4k NOK → 559.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. LARSEN HUSFLID AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.38m NOK to 4.78m NOK (+9.2% YoY). Calculated
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↑
Equity strengthened
Book equity 546.4k NOK → 559.2k NOK (equity ratio 951.5% → 31.0%). Calculated
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↑
Cash rose
Bank deposits 64.8k NOK → 90.2k NOK (+39.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.10× → 2.96×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +233.3k NOK → +40.4k NOK (op. margin 5.3% → 0.8%). Calculated
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↓
Net result weakened
Net result +218.8k NOK → +12.8k NOK (net margin 5.0% → 0.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.40m NOK → 2.08m NOK (32% → 44% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.15m NOK → 2.78m NOK (+29.1% YoY). Calculated