Org.nr 914 929 849 2015 → 2016 Year-over-year analysis

A.O. EIDE MASKINENTREPRENØR AS: årsregnskap 2016 vs 2015

Grew 108794% on revenue

approved 2017-03-17; registry 2017-05-24; journal 2017 346468

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A.O. EIDE MASKINENTREPRENØR AS. Revenue 4 093 NOK → 4.46m NOK (+108794.3%). Equity 5.88m NOK → 1.10m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A.O. EIDE MASKINENTREPRENØR AS.

Scorecard

Revenue
4 093 NOK 4.46m NOK
+108794.3%
Net result
+795.9k NOK n/m
—
Equity
5.88m NOK 1.10m NOK
-81.4%
Cash
660.1k NOK 360.3k NOK
-45.4%
Total assets
2.38m NOK 2.66m NOK
+11.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 093 NOK to 4.46m NOK (+108794.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.88m NOK → 1.10m NOK (equity ratio 246.8% → 41.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 660.1k NOK → 360.3k NOK (-45.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 838.79× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 181.1k NOK → 304.8k NOK (+68.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 313.5k NOK. Reported fact