FirmaIQ
Org.nr 992 414 561 2015 → 2016 Year-over-year analysis

A. WAAG & CO. AS: årsregnskap 2016 vs 2015

Shrank 6% on revenue, weaker earnings

approved 2017-05-15; registry 2017-06-24; journal 2017 517716

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A. WAAG & CO. AS. Revenue 5.46m NOK → 5.14m NOK (-5.8%). Net result +552.3k NOK → +391.1k NOK. Equity 275.2k NOK → 276.3k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. WAAG & CO. AS.

At a glance

Scorecard

Revenue
5.46m NOK 5.14m NOK
-5.8%
Net result
+552.3k NOK +391.1k NOK
-29.2%
Equity
275.2k NOK 276.3k NOK
+0.4%
Cash
75.9k NOK 967.1k NOK
+1174.3%
Total assets
2.10m NOK 1.97m NOK
-6.3%

What improved

  • ↑

    Equity strengthened

    Book equity 275.2k NOK → 276.3k NOK (equity ratio 13.1% → 14.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 75.9k NOK → 967.1k NOK (+1174.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.19m NOK → 3.12m NOK (58% → 61% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.46m NOK to 5.14m NOK (-5.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +552.3k NOK → +391.1k NOK (net margin 10.1% → 7.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 904.8k NOK → 819.5k NOK (-9.4% YoY). Calculated