A-TEAM UTLEIE AS: årsregnskap 2016 vs 2015
Grew 70% on revenue, weaker earnings
approved 2017-05-08; registry 2017-06-06; journal 2017 386792
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A-TEAM UTLEIE AS. Revenue 574.6k NOK → 974.9k NOK (+69.6%). Net result +164.85bn NOK → +259.67m NOK. Equity 638.4k NOK → 823 NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for A-TEAM UTLEIE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 574.6k NOK to 974.9k NOK (+69.6% YoY). Calculated
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↑
Cash rose
Bank deposits 372.0k NOK → 483.8k NOK (+30.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 56.4k NOK → 14.9k NOK (10% → 2% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +291.05bn NOK → +554.11m NOK (op. margin 50650109.7% → 56840.3%). Calculated
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↓
Net result weakened
Net result +164.85bn NOK → +259.67m NOK (net margin 28687330.5% → 26636.6%). Calculated
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↓
Equity eroded
Book equity 638.4k NOK → 823 NOK (equity ratio 129.9% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 350.0k NOK → 275.0k NOK — check capital reduction, conversion, or reclassification. Interpretation