A.R. CONSULTING AS: årsregnskap 2016 vs 2015
Grew 79% on revenue, cash halved-plus
approved 2017-04-18; registry 2017-04-25; journal 2017 290055
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A.R. CONSULTING AS. Revenue 161.1k NOK → 288.4k NOK (+79.0%). Equity -342.4k NOK → -200.4k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A.R. CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 161.1k NOK to 288.4k NOK (+79.0% YoY). Calculated
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↑
Operating result improved
Operating result -47.8k NOK → +173.2k NOK (op. margin -29.7% → 60.1%). Calculated
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↑
Equity strengthened
Book equity -342.4k NOK → -200.4k NOK (equity ratio -21.8% → -67.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 251.2k NOK → 17.7k NOK (-93.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.61× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -67.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost -6 190 NOK → 10.5k NOK (-4% → 4% of revenue). Calculated