A-TEAM KONSULENTSELSKAP AS: årsregnskap 2016 vs 2015
Shrank 31% on revenue, stronger earnings, cash halved-plus
approved 2017-05-15; registry 2017-07-08; journal 2017 629576
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A-TEAM KONSULENTSELSKAP AS. Revenue 684.5k NOK → 471.0k NOK (-31.2%). Net result -112.4k NOK → -34.6k NOK. Equity -116.7k NOK → -151.4k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-TEAM KONSULENTSELSKAP AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -112.7k NOK → -34.4k NOK (op. margin -16.5% → -7.3%). Calculated
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Net result improved
Net result -112.4k NOK → -34.6k NOK (net margin -16.4% → -7.4%). Calculated
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Payroll decreased
Salary cost 10.44m NOK → 10.17m NOK (1525% → 2160% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 684.5k NOK to 471.0k NOK (-31.2% YoY). Calculated
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↓
Equity eroded
Book equity -116.7k NOK → -151.4k NOK (equity ratio -68.3% → -199.5%). Calculated
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↓
Cash fell
Bank deposits 68.7k NOK → 5 888 NOK (-91.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -199.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 62.4k NOK → 41.1k NOK (-34.2% YoY). Calculated