Org.nr 947 606 239 2015 → 2016 Year-over-year analysis

A/S Longvafisk: årsregnskap 2016 vs 2015

Grew 8% on revenue, stronger earnings

approved 2017-05-23; registry 2017-06-17; journal 2017 461798

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A/S Longvafisk. Revenue 14.57m NOK → 15.73m NOK (+7.9%). Net result +70.2k NOK → +105.5k NOK. Equity 570.4k NOK → 675.8k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A/S Longvafisk.

Scorecard

Revenue
14.57m NOK 15.73m NOK
+7.9%
Net result
+70.2k NOK +105.5k NOK
+50.3%
Equity
570.4k NOK 675.8k NOK
+18.5%
Cash
685.6k NOK 364.9k NOK
-46.8%
Total assets
2.41m NOK 2.26m NOK
-6.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.57m NOK to 15.73m NOK (+7.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +70.2k NOK → +105.5k NOK (net margin 0.5% → 0.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 570.4k NOK → 675.8k NOK (equity ratio 23.6% → 30.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.19m NOK → 2.13m NOK (15% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 685.6k NOK → 364.9k NOK (-46.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.28m NOK → 12.53m NOK (+192.8% YoY). Calculated