AB TRAFIKKSENTER AS: årsregnskap 2016 vs 2015
Returned to profit
approved 2017-08-18; registry 2017-08-23; journal 2017 877028
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AB TRAFIKKSENTER AS. Revenue 5.86m NOK → 5.59m NOK (-4.7%). Net result -728.4k NOK → +159.0k NOK. Equity -2.16m NOK → -2.00m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AB TRAFIKKSENTER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -634.5k NOK → +296.7k NOK (op. margin -10.8% → 5.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 728.4k NOK to a profit of 159.0k NOK. Calculated
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↑
Equity strengthened
Book equity -2.16m NOK → -2.00m NOK (equity ratio -131.7% → -143.4%). Calculated
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↑
Cash rose
Bank deposits 226.4k NOK → 245.3k NOK (+8.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.87m NOK → 2.33m NOK (49% → 42% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.86m NOK to 5.59m NOK (-4.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -143.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 409.3k NOK → 120.0k NOK (-70.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value -8 052 NOK → 81.9k NOK. Reported fact