A1 FREDRIKSTAD EIENDOMSTAKSERING AS: årsregnskap 2016 vs 2015
Shrank 76% on revenue, stronger earnings, cash halved-plus
approved 2017-06-28; registry 2017-07-10; journal 2017 639854
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A1 FREDRIKSTAD EIENDOMSTAKSERING AS. Revenue 724.3k NOK → 176.4k NOK (-75.7%). Net result +186.9k NOK → +423.0k NOK. Equity 325.2k NOK → 748.3k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A1 FREDRIKSTAD EIENDOMSTAKSERING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +259.3k NOK → +564.2k NOK (op. margin 35.8% → 319.9%). Calculated
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Net result improved
Net result +186.9k NOK → +423.0k NOK (net margin 25.8% → 239.9%). Calculated
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↑
Equity strengthened
Book equity 325.2k NOK → 748.3k NOK (equity ratio 34.0% → 138.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 724.3k NOK to 176.4k NOK (-75.7% YoY). Calculated
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Cash fell
Bank deposits 447.8k NOK → 162.0k NOK (-63.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.07× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 251.7k NOK → 306.7k NOK (+21.8% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 363.7k NOK → 463.9k NOK. Reported fact