Org.nr 977 362 105 2015 → 2016 Year-over-year analysis

A-REISER AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue, cash halved-plus

approved 2017-05-20; registry 2017-06-17; journal 2017 467347

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A-REISER AS. Revenue 2.46m NOK → 2 686 NOK (-99.9%). Equity 747.3k NOK → 17.8k NOK.

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

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A-REISER AS.

Scorecard

Revenue
2.46m NOK 2 686 NOK
-99.9%
Operating result
n/m +358.1k NOK
—
Net result
n/m +270.5k NOK
—
Equity
747.3k NOK 17.8k NOK
-97.6%
Cash
928.2k NOK 259.5k NOK
-72.0%
Total assets
924.8k NOK 263.8k NOK
-71.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.46m NOK to 2 686 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 747.3k NOK → 17.8k NOK (equity ratio 80.8% → 6.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 928.2k NOK → 259.5k NOK (-72.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 2.15m NOK → 2 202 NOK (-99.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact