AB FJORDLAND AS: årsregnskap 2016 vs 2015
Grew 1059940% on revenue, cash halved-plus
approved 2017-04-21; registry 2017-07-17; journal 2017 699362
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AB FJORDLAND AS. Revenue 5 164 NOK → 54.74m NOK (+1059940.4%). Equity 19.04m NOK → 20.44m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for AB FJORDLAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5 164 NOK to 54.74m NOK (+1059940.4% YoY). Calculated
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↑
Equity strengthened
Book equity 19.04m NOK → 20.44m NOK (equity ratio 23.0% → 29.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 3.67m NOK → 448.7k NOK (-87.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.67m NOK → 448.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 750 NOK → 51.2k NOK (+6726.0% YoY). Calculated