AC DESIGN AS: årsregnskap 2016 vs 2015
Returned to profit
approved 2017-05-22; registry 2017-06-20; journal 2017 491221
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AC DESIGN AS. Revenue 966.3k NOK → 952.1k NOK (-1.5%). Net result -42.8k NOK → +76.6k NOK. Equity 132.5k NOK → 209.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AC DESIGN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -55.2k NOK → +101.6k NOK (op. margin -5.7% → 10.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 42.8k NOK to a profit of 76.6k NOK. Calculated
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↑
Equity strengthened
Book equity 132.5k NOK → 209.5k NOK (equity ratio 31.9% → 44.5%). Calculated
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↑
Cash rose
Bank deposits 268.7k NOK → 314.6k NOK (+17.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 966.3k NOK to 952.1k NOK (-1.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 153.4k NOK → 167.1k NOK (16% → 18% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 595.7k NOK → 375.9k NOK (-36.9% YoY). Calculated