A OLSEN & SØNN AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2017-05-19; registry 2017-06-06; journal 2017 384380
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A OLSEN & SØNN AS. Revenue 3.05m NOK → 3.04m NOK (-0.6%). Equity 1.11m NOK → 1.07m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.05m NOK
3.04m NOK
-0.6%
Equity
1.11m NOK
1.07m NOK
-3.5%
Cash
463.0k NOK
580.6k NOK
+25.4%
Total assets
3.31m NOK
2.89m NOK
-12.7%
What improved
-
↑
Cash rose
Bank deposits 463.0k NOK → 580.6k NOK (+25.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.05m NOK to 3.04m NOK (-0.6% YoY). Calculated
-
↓
Equity eroded
Book equity 1.11m NOK → 1.07m NOK (equity ratio 33.6% → 37.1%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.31m NOK → 1.38m NOK (43% → 45% of revenue). Calculated