A/S Hovinveien 7 og 9: årsregnskap 2016 vs 2015
Shrank 100% on revenue, returned to profit
approved 2017-04-30; registry 2017-06-26; journal 2017 542115
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A/S Hovinveien 7 og 9. Revenue 416.6k NOK → 1 597 NOK (-99.6%). Net result -173.5k NOK → +76.9k NOK. Equity -615.0k NOK → -538.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +26.2k NOK → +276.7k NOK (op. margin 6.3% → 17324.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 173.5k NOK to a profit of 76.9k NOK. Calculated
-
↑
Equity strengthened
Book equity -615.0k NOK → -538.1k NOK (equity ratio -12.0% → -10.6%). Calculated
-
↑
Cash rose
Bank deposits 543.5k NOK → 708.9k NOK (+30.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 416.6k NOK to 1 597 NOK (-99.6% YoY). Calculated