Org.nr 992 425 458 2015 → 2016 Year-over-year analysis

AB SCIEX AS: årsregnskap 2016 vs 2015

Grew 659% on revenue, stronger earnings

approved 2017-06-28; registry 2017-07-08; journal 2017 623280

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AB SCIEX AS. Revenue 1.87m NOK → 14.17m NOK (+659.2%). Net result +106.7k NOK → +397.7k NOK. Equity 1.28m NOK → 1.67m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AB SCIEX AS.

Scorecard

Revenue
1.87m NOK 14.17m NOK
+659.2%
Operating result
+53.4k NOK +34.6k NOK
-35.2%
Net result
+106.7k NOK +397.7k NOK
+272.8%
Equity
1.28m NOK 1.67m NOK
+30.7%
Cash
344.2k NOK 344.2k NOK
0.0%
Total assets
2.05m NOK 41.00m NOK
+1903.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.87m NOK to 14.17m NOK (+659.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +106.7k NOK → +397.7k NOK (net margin 5.7% → 2.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.28m NOK → 1.67m NOK (equity ratio 62.5% → 4.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +53.4k NOK → +34.6k NOK (op. margin 2.9% → 0.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.22× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1.07m NOK → 9.73m NOK (+807.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 929 NOK → 35.0k NOK. Reported fact