A/S Rep-Rek: årsregnskap 2016 vs 2015
Shrank 13% on revenue, weaker earnings
approved 2017-04-18; registry 2017-06-20; journal 2017 489042
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A/S Rep-Rek. Revenue 11.11m NOK → 9.69m NOK (-12.8%). Net result +625.0k NOK → +317.6k NOK. Equity 310.1k NOK → 627.7k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Rep-Rek.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 310.1k NOK → 627.7k NOK (equity ratio 6.7% → 16.3%). Calculated
-
↑
Cash rose
Bank deposits 676.0k NOK → 686.3k NOK (+1.5% YoY). Calculated
-
↑
Payroll decreased
Salary cost 4.29m NOK → 3.19m NOK (39% → 33% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 11.11m NOK to 9.69m NOK (-12.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +684.8k NOK → +571.2k NOK (op. margin 6.2% → 5.9%). Calculated
-
↓
Net result weakened
Net result +625.0k NOK → +317.6k NOK (net margin 5.6% → 3.3%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 2.55m NOK → 2.47m NOK (-3.0% YoY). Calculated