AC&DC POWER AS: årsregnskap 2016 vs 2015
Shrank 26% on revenue, cash halved-plus
approved 2017-01-03; registry 2017-03-07; journal 2017 223029
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AC&DC POWER AS. Revenue 290.9k NOK → 214.0k NOK (-26.4%). Equity 63.8k NOK → 49.3k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AC&DC POWER AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 290.9k NOK to 214.0k NOK (-26.4% YoY). Calculated
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↓
Operating result weakened
Operating result +63.7k NOK → -13.0k NOK (op. margin 21.9% → -6.1%). Calculated
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↓
Equity eroded
Book equity 63.8k NOK → 49.3k NOK (equity ratio 23.1% → 16.9%). Calculated
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↓
Cash fell
Bank deposits 93.9k NOK → 31.3k NOK (-66.7% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 63.8k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 154.8k NOK → 128.8k NOK (-16.8% YoY). Calculated