Org.nr 947 454 838 2015 → 2016 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-05-02; registry 2017-06-17; journal 2017 461292

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A/S Hørtefossen. Revenue 5.74m NOK → 5.82m NOK (+1.2%). Equity 4.43m NOK → 5.17m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Hørtefossen.

Scorecard

Revenue
5.74m NOK 5.82m NOK
+1.2%
Operating result
+12 NOK n/m
—
Equity
4.43m NOK 5.17m NOK
+16.8%
Cash
1.98m NOK 1.72m NOK
-13.0%
Total assets
6.10m NOK 6.98m NOK
+14.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.74m NOK to 5.82m NOK (+1.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.43m NOK → 5.17m NOK (equity ratio 72.6% → 74.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.98m NOK → 1.72m NOK (-13.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.57m NOK → 1.49m NOK (-5.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.21m NOK → 2.58m NOK. Reported fact