A/S LANDÅSVEIEN 5 & 7: årsregnskap 2016 vs 2015
Grew 119% on revenue, slipped into loss
approved 2017-05-30; registry 2017-06-15; journal 2017 454251
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A/S LANDÅSVEIEN 5 & 7. Revenue 437.1k NOK → 956.9k NOK (+118.9%). Net result +45.1k NOK → -37.0k NOK. Equity 710.9k NOK → 673.9k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
437.1k NOK
956.9k NOK
+118.9%
Operating result
+153.8k NOK
n/m
—
Net result
+45.1k NOK
-37.0k NOK
-182.1%
Equity
710.9k NOK
673.9k NOK
-5.2%
Cash
149.0k NOK
115.9k NOK
-22.2%
Total assets
3.12m NOK
3.21m NOK
+2.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 437.1k NOK to 956.9k NOK (+118.9% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 45.1k NOK profit to a loss of 37.0k NOK. Calculated
-
↓
Equity eroded
Book equity 710.9k NOK → 673.9k NOK (equity ratio 22.8% → 21.0%). Calculated
-
↓
Cash fell
Bank deposits 149.0k NOK → 115.9k NOK (-22.2% YoY). Calculated