FirmaIQ
Org.nr 947 038 400 2015 → 2016 Year-over-year analysis

A/S SørMek: årsregnskap 2016 vs 2015

Grew 15% on revenue, stronger earnings

approved 2017-04-28; registry 2017-07-03; journal 2017 581013

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A/S SørMek. Revenue 18.84m NOK → 21.69m NOK (+15.1%). Net result +1.49m NOK → +2.40m NOK. Equity 3.94m NOK → 5.34m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

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

At a glance

Scorecard

Revenue
18.84m NOK 21.69m NOK
+15.1%
Net result
+1.49m NOK +2.40m NOK
+61.2%
Equity
3.94m NOK 5.34m NOK
+35.5%
Cash
672.0k NOK 909.5k NOK
+35.4%
Total assets
13.35m NOK 15.39m NOK
+15.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.84m NOK to 21.69m NOK (+15.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.49m NOK → +2.40m NOK (net margin 7.9% → 11.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.94m NOK → 5.34m NOK (equity ratio 29.5% → 34.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 672.0k NOK → 909.5k NOK (+35.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.29m NOK → 4.81m NOK (23% → 22% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9.94m NOK → 11.30m NOK (+13.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.0k NOK → 1.02m NOK. Reported fact