Org.nr 944 763 317 2015 → 2016 Year-over-year analysis

A/S SCAN AFRICAN: årsregnskap 2016 vs 2015

Grew 57% on revenue, stronger earnings, fresh owner capital

approved 2017-05-24; registry 2017-06-17; journal 2017 466512

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A/S SCAN AFRICAN. Revenue 784.6k NOK → 1.23m NOK (+57.3%). Net result +61.4k NOK → +94.0k NOK. Equity 3.18m NOK → 3.28m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.

Scorecard

Revenue
784.6k NOK 1.23m NOK
+57.3%
Operating result
+175.9k NOK +41.5k NOK
-76.4%
Net result
+61.4k NOK +94.0k NOK
+53.1%
Equity
3.18m NOK 3.28m NOK
+3.0%
Cash
n/m 1.01m NOK
—
Total assets
10.89m NOK 10.72m NOK
-1.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 784.6k NOK to 1.23m NOK (+57.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +61.4k NOK → +94.0k NOK (net margin 7.8% → 7.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.18m NOK → 3.28m NOK (equity ratio 29.3% → 30.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 120 NOK → 1.00m NOK (+999.9k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 807.4k NOK → 2 NOK (103% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +175.9k NOK → +41.5k NOK (op. margin 22.4% → 3.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 245.7k NOK → 197.4k NOK (-19.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2 000 NOK → 8.13m NOK. Reported fact