Org.nr 916 591 144 2015 → 2016 Year-over-year analysis

A/S SØRENSEN OG BALCHEN: årsregnskap 2016 vs 2015

Grew 5% on revenue

approved 2017-03-03; registry 2017-05-03; journal 2017 308866

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A/S SØRENSEN OG BALCHEN. Revenue 454.46m NOK → 477.34m NOK (+5.0%). Equity 323.17m NOK → 259.39m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S SØRENSEN OG BALCHEN.

At a glance

Revenue

454.46m NOK 477.34m NOK

+5.0%

Net result

n/m +413 NOK

—

Equity

323.17m NOK 259.39m NOK

-19.7%

Cash

2.42m NOK 2.40m NOK

-1.0%

Total assets

407.63m NOK 505.22m NOK

+23.9%

↑
Revenue rose

Operating income / revenue moved from 454.46m NOK to 477.34m NOK (+5.0% YoY). Calculated

↓
Equity eroded

Book equity 323.17m NOK → 259.39m NOK (equity ratio 79.3% → 51.3%). Calculated
↓
Cash fell

Bank deposits 2.42m NOK → 2.40m NOK (-1.0% YoY). Calculated

·
COGS moved

COGS / varekostnad 238.05m NOK → 257.14m NOK (+8.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 13.1k NOK → 116.00m NOK. Reported fact