Org.nr 946 195 340 2015 → 2016 Year-over-year analysis

A/S POLYCORP: årsregnskap 2016 vs 2015

Grew 11% on revenue, stronger earnings

approved 2017-06-20; registry 2017-08-09; journal 2017 834702

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A/S POLYCORP. Revenue 95.0k NOK → 105.0k NOK (+10.5%). Net result +141.3k NOK → +827.2k NOK. Equity 3.32m NOK → 2.49m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A/S POLYCORP.

Scorecard

Revenue
95.0k NOK 105.0k NOK
+10.5%
Operating result
-195.4k NOK -398.0k NOK
-103.7%
Net result
+141.3k NOK +827.2k NOK
+485.5%
Equity
3.32m NOK 2.49m NOK
-24.9%
Cash
1.68m NOK 1.73m NOK
+3.1%
Total assets
21.45m NOK 20.53m NOK
-4.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 95.0k NOK to 105.0k NOK (+10.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +141.3k NOK → +827.2k NOK (net margin 148.7% → 787.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.68m NOK → 1.73m NOK (+3.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -195.4k NOK → -398.0k NOK (op. margin -205.7% → -379.1%). Calculated

  • ↓

    Equity eroded

    Book equity 3.32m NOK → 2.49m NOK (equity ratio 15.5% → 12.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 13.51m NOK → 2.49m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 9.95m NOK → 9.01m NOK. Reported fact