A. O. BJERKÅS AS: årsregnskap 2016 vs 2015
Shrank 95% on revenue, weaker earnings
approved 2017-06-30; registry 2017-07-17; journal 2017 724838
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A. O. BJERKÅS AS. Revenue 879.1k NOK → 47.7k NOK (-94.6%). Net result -48.8k NOK → -186.5k NOK. Equity -117.9k NOK → -304.4k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. O. BJERKÅS AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 879.1k NOK to 47.7k NOK (-94.6% YoY). Calculated
-
↓
Net result weakened
Net result -48.8k NOK → -186.5k NOK (net margin -5.5% → -391.1%). Calculated
-
↓
Equity eroded
Book equity -117.9k NOK → -304.4k NOK (equity ratio -46.4% → -138.2%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 660.7k NOK → 892.8k NOK (75% → 1872% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 1 748 NOK → 128.0k NOK (+7220.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -138.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation