A & S COMPOSITT AS: årsregnskap 2016 vs 2015
Shrank 95% on revenue, weaker earnings
approved 2017-04-10; registry 2017-05-02; journal 2017 302611
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A & S COMPOSITT AS. Revenue 1.17m NOK → 54.4k NOK (-95.3%). Net result +63.6k NOK → +37.6k NOK. Equity 83.6k NOK → 121.2k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A & S COMPOSITT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 83.6k NOK → 121.2k NOK (equity ratio 35.3% → 48.7%). Calculated
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↑
Cash rose
Bank deposits 105.9k NOK → 120.4k NOK (+13.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.17m NOK to 54.4k NOK (-95.3% YoY). Calculated
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↓
Operating result weakened
Operating result +87.1k NOK → +52.7k NOK (op. margin 7.5% → 97.0%). Calculated
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↓
Net result weakened
Net result +63.6k NOK → +37.6k NOK (net margin 5.5% → 69.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 695.8k NOK → 701.3k NOK (60% → 1290% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 294.1k NOK → 186.2k NOK (-36.7% YoY). Calculated