Org.nr 989 041 312 2015 → 2016 Year-over-year analysis

A REME AS: årsregnskap 2016 vs 2015

Shrank 59% on revenue, weaker earnings

approved 2017-06-30; registry 2017-07-06; journal 2017 603579

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A REME AS. Revenue 7.97m NOK → 3.28m NOK (-58.8%). Net result +7.26m NOK → +2.70m NOK. Equity 23.11m NOK → 23.81m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
7.97m NOK 3.28m NOK
-58.8%
Operating result
+7.22m NOK +2.86m NOK
-60.3%
Net result
+7.26m NOK +2.70m NOK
-62.9%
Equity
23.11m NOK 23.81m NOK
+3.0%
Cash
601.9k NOK 661.8k NOK
+10.0%
Total assets
35.65m NOK 36.49m NOK
+2.4%

What improved

  • ↑

    Equity strengthened

    Book equity 23.11m NOK → 23.81m NOK (equity ratio 64.8% → 65.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 601.9k NOK → 661.8k NOK (+10.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.97m NOK to 3.28m NOK (-58.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.22m NOK → +2.86m NOK (op. margin 90.5% → 87.1%). Calculated

  • ↓

    Net result weakened

    Net result +7.26m NOK → +2.70m NOK (net margin 91.1% → 82.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 23.4k NOK → 35.1k NOK (0% → 1% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 000 NOK → 32.99m NOK. Reported fact