Org.nr 930 397 091 2015 → 2016 Year-over-year analysis

A/S Audax: årsregnskap 2016 vs 2015

Shrank 64% on revenue

approved 2017-06-20; registry 2017-07-01; journal 2017 577821

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A/S Audax. Revenue 426.7k NOK → 154.5k NOK (-63.8%). Equity 1.79m NOK → 1.59m NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
426.7k NOK 154.5k NOK
-63.8%
Operating result
+367.5k NOK +96.2k NOK
-73.8%
Net result
n/m +94.6k NOK
—
Equity
1.79m NOK 1.59m NOK
-11.5%
Cash
157.5k NOK 169.4k NOK
+7.5%
Total assets
1.79m NOK 1.91m NOK
+6.5%

What improved

  • ↑

    Cash rose

    Bank deposits 157.5k NOK → 169.4k NOK (+7.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -35.85× → 6.35×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 426.7k NOK to 154.5k NOK (-63.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +367.5k NOK → +96.2k NOK (op. margin 86.1% → 62.3%). Calculated

  • ↓

    Equity eroded

    Book equity 1.79m NOK → 1.59m NOK (equity ratio 100.0% → 83.2%). Calculated