FirmaIQ
Org.nr 966 553 596 2015 → 2016 Year-over-year analysis

AB SYSTEMER AS: årsregnskap 2016 vs 2015

Grew 42% on revenue, returned to profit

approved 2017-05-19; registry 2017-07-08; journal 2017 634436

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AB SYSTEMER AS. Revenue 10.02m NOK → 14.24m NOK (+42.2%). Net result -56.5k NOK → +939.0k NOK. Equity 1.63m NOK → 2.27m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AB SYSTEMER AS.

At a glance

Scorecard

Revenue
10.02m NOK 14.24m NOK
+42.2%
Net result
-56.5k NOK +939.0k NOK
+1760.5%
Equity
1.63m NOK 2.27m NOK
+39.2%
Cash
1.15m NOK 2.53m NOK
+119.9%
Total assets
3.06m NOK 4.70m NOK
+53.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.02m NOK to 14.24m NOK (+42.2% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 56.5k NOK to a profit of 939.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.63m NOK → 2.27m NOK (equity ratio 53.3% → 48.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.15m NOK → 2.53m NOK (+119.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.68m NOK → 1.66m NOK (17% → 12% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 7.42m NOK → 10.32m NOK (+39.0% YoY). Calculated