Org.nr 939 284 699 2015 → 2016 Year-over-year analysis

A PAULSEN & SØNNER AS: årsregnskap 2016 vs 2015

Shrank 14% on revenue, cash halved-plus

approved 2017-06-30; registry 2017-07-19; journal 2017 715478

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A PAULSEN & SØNNER AS. Revenue 6.25m NOK → 5.40m NOK (-13.5%). Equity 855.2k NOK → 574.1k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A PAULSEN & SØNNER AS.

At a glance

Revenue

6.25m NOK 5.40m NOK

-13.5%

Net result

n/m -281.2k NOK

—

Equity

855.2k NOK 574.1k NOK

-32.9%

Cash

536.2k NOK 219.9k NOK

-59.0%

Total assets

2.54m NOK 2.06m NOK

-18.7%

↓
Revenue fell

Operating income / revenue moved from 6.25m NOK to 5.40m NOK (-13.5% YoY). Calculated
↓
Equity eroded

Book equity 855.2k NOK → 574.1k NOK (equity ratio 33.7% → 27.8%). Calculated
↓
Cash fell

Bank deposits 536.2k NOK → 219.9k NOK (-59.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.18× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
COGS moved

COGS / varekostnad 185.1k NOK → 413.0k NOK (+123.2% YoY). Calculated

·
Book investments changed

Investment / intangible book value 189.0k NOK → 8 000 NOK. Reported fact