FirmaIQ
Org.nr 890 002 552 2015 → 2016 Year-over-year analysis

A. THORESEN SERVICEVERKSTED AS: årsregnskap 2016 vs 2015

Stronger earnings

approved 2017-07-03; registry 2017-07-08; journal 2017 627942

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A. THORESEN SERVICEVERKSTED AS. Revenue 29.62m NOK → 29.54m NOK (-0.3%). Net result +21.11m NOK → +29.62m NOK. Equity 5.89m NOK → 7.43m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. THORESEN SERVICEVERKSTED AS.

At a glance

Scorecard

Revenue
29.62m NOK 29.54m NOK
-0.3%
Operating result
+2.02m NOK n/m
—
Net result
+21.11m NOK +29.62m NOK
+40.3%
Equity
5.89m NOK 7.43m NOK
+26.2%
Cash
2.55m NOK 3.05m NOK
+19.6%
Total assets
12.95m NOK 13.69m NOK
+5.7%

What improved

  • ↑

    Net result improved

    Net result +21.11m NOK → +29.62m NOK (net margin 71.3% → 100.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.89m NOK → 7.43m NOK (equity ratio 45.5% → 54.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.55m NOK → 3.05m NOK (+19.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.62m NOK to 29.54m NOK (-0.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.43m NOK → 1.56m NOK (5% → 5% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 24.72m NOK → 24.44m NOK (-1.1% YoY). Calculated